RATE Group | Ethereum Classic (ETC) Soars Over 7% In An Hour As Binance Lists ETC/USDT Perp Contracts
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Ethereum Classic (ETC) Soars Over 7% In An Hour As Binance Lists ETC/USDT Perp Contracts

Ethereum Classic (ETC) Soars Over 7% In An Hour As Binance Lists ETC/USDT Perp Contracts

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  • Ethereum Classic (ETC) soared over 30% in the past 24 hours breaking resistance at $7.00 USD.
  • Binance, the largest crypto exchange in trading volumes lists ETC/USDT perpetual contracts.

The cryptocurrency market has been on a sustained uptrend in the past week or so as top altcoins witnessed double digit growth during the said period. The market seems to be reacting to any small development on altcoins such as the recent soar in Ethereum Classic’s price to par-$7 resistance levels following Binance announcement of ETC/USDT perpetual contracts listing expected to launch on 16th January 2020.

ETC soars over 30% in past 24 hours

The “original Ethereum” has taken a while to react to the market’s boost but the current price will keep bulls hopeful of a possible soar to all-time highs in 2020. Starting the year off at $4.50 USD, ETC endured a sullen soar to $5.58 on Jan. 14, representing 24% increase during the period. However, the price pushed to obscure heights in the past 24…

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