RATE Group | Ethereum Classic (ETC) set to outperform the market as bitcoin (BTC) turns bullish
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Ethereum Classic (ETC) set to outperform the market as bitcoin (BTC) turns bullish

25 Jul Ethereum Classic (ETC) set to outperform the market as bitcoin (BTC) turns bullish

Posted at 00:26h in Ethereum News by

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Ethereum Classic btc

Bitcoin (BTC) is back above $8000 after several weeks of decline. However, one thing is evident, this time round, it is not pulling the altcoins market with it. That’s because with the exception of a few altcoins, most of them are down, with some falling by as much as 10%.

However, even as most altcoins bleed, those that are listed on Coinbase are doing pretty well, and seem to be moving in the same direction as bitcoin (BTC). That’s because Coinbase has gained the trust of American investors both retail and institutional, as an exchange that is fully compliant with American regulations. This means that in the coming bull market, coins that are listed on Coinbase will perform well relative to the rest of the market, since they are, by virtual of being listed on Coinbase, also compliant to regulations.

This places Ethereum Classic (ETC) in a very good position in that it is the next coin getting into Coinbase, and positive sentiment has built around it…

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