Ethereum Classic price has surged recently following a broader market recovery. This rise in ETC price indicates renewed investor confidence in the market, aligning with the positive momentum seen in other major digital assets.
Ethereum Classic Price Surges Amid Market Recovery
According to Coinglass data, the Ethereum Classic price today witnessed liquidations totalling 18.84K despite its recent price surge. The drop in volume, which decreased by 27.87% to $165.89 million, signals growing uncertainty among traders.
Open interest also saw a slight decline of 0.27%, settling at $75.22 million, reflecting a potential bearish sentiment in the market. These indicators suggest that the overall market remains cautious despite the initial uptick.
Source- Coinglass
Over the past 24 hours, the Ethereum Classic price has experienced a notable increase. At the time of writing, the ETC price hovered around $19.28, slightly surging 2.78% during European trading hours. According to CoinCoinMar
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