While Bitcoin searches for a bottom, and altcoins bleed, $ETC shows remarkable resilience. Over the last 24 hours, Ethereum Classic has risen by +12%, and on some exchanges, it reached +20%, ignoring the overall market crash!
According to Investing.com, the reason may be the excitement surrounding the upcoming hard fork and the transition of Ethereum miners (after The Merge) to ETC. Major players view ETC as a safe haven for "Proof-of-Work" assets.
This unexpected spike could make $ETC the main beneficiary of the current bear market. Can $ETC maintain momentum and become the leader of the recovery?
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📊 Poll
Do you believe in the potential of ETC in this market? Write in the comments.
Definitely yes! 🔥
No, it's temporary 📉
Neutral, observing 👀