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NewsBTC 2022-09-12 19:31:06

Ethereum Classic (ETC) Leads Weekly Gains Amidst Crypto Market Reversal

The overall crypto market shows signs of price reversal from the downtrend, boosting investors’ confidence. To start with, the week started well for BTC as the market saw its price above $22K. Bitcoin had traded below the $20K price mark until the close of the market on September 9, when it hit $21,381.15. BTC managed to hold down its fort at that price until Monday, September 12, when the market opened with impressive rallies. Related Reading: SEBA Bank To Include Ethereum Staking In Services Currently, BTC and many altcoins are trading in the greens. Bitcoin price has added by 3.32% at the time of writing and now stands at $22,342.67. Other cryptos with commendable increases in 24 hours include Golem GLM with 52.43%, NEAR with 10.10%, Solana with 8.84%, Ravencoin RVN with 6.42%, and AVAX with 5.52%. Uniswap, Quant, eCash, AAVE, BTC, GRT, and others have gained between 3 to 5% in the past 24 hours. But what about the weekly price gains? How are the cryptos comparing in their seven days price growth? ETC Leads Others in Weekly Gains Currently, the ETC price stands at $38.68, indicating a 0.22% increase in 24 hours. While this daily price increase is seemingly lower than others ETC has taken the lead in weekly increases. Its seven days growth surpassed many cryptos in the market. ETC recorded a 20.47% growth in the past seven days, while others still struggle to add value. For instance, Bitcoin added 3.36% in the last 24 hours,...

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