Ethereum Classic up 75% in 8 days, but will ETH miners migrate after ETC ‘fifthening’?
Cointelegraph
Published Mar 22, 2022 03:03PM ET
Updated Mar 22, 2022 04:40PM ET
Ethereum Classic (ETC) price climbed on March 22, ignoring a deadly "death cross" on the weekly chart, as traders raised their bets on its potential to become a haven for miners fleeing the rival Ethereum blockchain.
ETC's price jumped over 15.5% to reach $44 a token for the first time since Dec. 9, 2021. The coin's intraday gains came as a part of a broader rebound move that saw its price rallying more than 75% eight days after bottoming out near $25.
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Written By: Cointelegraph
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