Why Ethereum Classic (ETC) Is Seeing Blue Skies Wednesday
Portfolio Pulse from Henry Khederian
Ethereum Classic (ETC) is trading higher by 5.66% amid strength in the price of Bitcoin following BlackRock's Bitcoin ETF application. The cryptocurrency market is experiencing an upswing driven by favorable developments, including the introduction of EDX Markets, supported by Charles Schwab, Fidelity, and Citadel Securities.
June 21, 2023 | 7:40 pm
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Ethereum Classic (ETC) is trading higher by 5.66% amid strength in the price of Bitcoin following BlackRock's Bitcoin ETF application and the introduction of EDX Markets.
Ethereum Classic (ETC) is directly impacted by the positive developments in the cryptocurrency market, including BlackRock's Bitcoin ETF application and the introduction of EDX Markets. These events have led to increased demand and higher prices for altcoins like ETC, resulting in a short-term positive impact on its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100