Ethereum Classic Price Flirts with All-Time High
As CCN reported, the rally began last week, less than a day after ETC bull Barry Silbert warned that it was a mistake to ignore the cryptocurrency. Prior to that surge, Ethereum Classic was trading at roughly $24.50, but by Feb. 13 its value had increased to $32.
Ethereum Classic held at that level for the next several days but resumed its climb on Monday, when it leaped by more than 20 percent, outpacing all other top 50-cryptocurrencies in what was an otherwise-tepid day for the markets.
At the time of writing, Ethereum Classic was priced at $38.94 on Bitfinex, while ETC’s global average had already cracked the $40 barrier for the first time since Jan. 15. Ethereum Classic is now within $7 of posting a new all-time high.
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