Ethereum Classic has fallen from the August high of $45 to $27
The decline in speculations for the cryptocurrency after the Ethereum merge has forced a bear market
ETC faces an additional 15% fall amid weak sentiment
Ethereum Classic ETC/USD faces a decline up to the next support at $23. Although the token seems to have found minor support at $27, momentum remains weak. The established support remains at $23, implying a further 15% decline. What happened?
Ethereum Classic traded at a high of $45 in mid-August. The price preceded investors’ interest following the much-anticipated Ethereum move to the Proof-of-Stake system. Investors speculated that the move could attract miners to Ethereum Classic, whi
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