Bullish
Ethereum Classic (ETC) rises 3.3% amid broad crypto rally, trading at $8.87.
Over the past 24 hours, Ethereum Classic (ETC) has experienced a 3.3% increase, reaching a price of $8.87. This uptick aligns with a broader cryptocurrency market rally, primarily driven by Bitcoin's performance. Notably, ETC's price has risen by approximately 4.6% over the past 24 hours, closely mirroring the market-wide trend.
Key points
- Market-Wide Rally: The cryptocurrency market has seen a significant risk-on move, with the total market capitalization increasing by about 5.47% in 24 hours, from approximately $2.78 trillion to $2.93 trillion.
- ETC's Price Performance: ETC's price has risen by approximately 4.6% over the past 24 hours, closely aligning with the broader market's performance.
- Security Incident: On September 14, 2026, a disputed version of the Core-Geth client (v1.13.0) was released, causing some mining pools to temporarily switch to this version. The incident was quickly contained, with no blocks, funds, or services lost.
- Upcoming Network Upgrade: The Ethereum Classic community has announced the 'Olympia' network upgrade, which will implement EIP-1559 fee markets and redirect the base fee to a community treasury for ecosystem funding.
Sources
AI-generated from public news sources. Not financial advice.
