There was a 5% loss in value for ETC over the past day. The Ethereum Classic coin has continued its fall on longer time frames since the July spike. Ethereum Classic bears were unable to withstand the selling pressure after the fork attempted to maintain a price above the $27 support line. As of this writing, ETC is trading at $23.08, down 16 percent in the last seven days, data by Coingecko show, Saturday. Although Proof-of-Stake has rendered Ethereum’s mining obsolete, renewed interest in the coin has resulted from the Merge. The day the Merge was made public, the hashrate increa ...
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