Bitcoin Dormant at $30K While Ethereum Classic (ETC) Pumps 10%: Market Watch

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While bitcoin, ether, and most other altcoins have remained calm on a daily scale, ETC has gone on a tear with a 10% surge.

Bitcoin recovered most losses from yesterday’s dip below $29,000 but failed at $30,000 once again. The altcoins have continued to trade sideways with a few notable moves in either direction. Ethereum Classic stands out as the most significant gainer.The primary cryptocurrency has had its issues with the coveted $30,000 line for over a week now.

The latest such example came earlier this week when BTC pumped to $30,600. The same scenario followed, and the assetNevertheless, the bulls stepped up and drove it upwards once again. For a brief moment, BTC surpassed $30,000 once again but now stands just under it. As such, its market capitalization has gone back down to $565 billion, while the dominance over the altcoins has increased slightly to 44.7% on CoinMarketCap.This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:

 

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