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Bitcoin Eyes $17K, Ethereum Classic Jumps 5% (Market Watch)

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Ethereum Classic is among today's best performers, while the rest of the market sits quietly.

Ethereum Classic is among today’s best performers, while the rest of the market sits quietly.

Most altcoins are with insignificant gains or losses, aside from ETC, which pumped by around 5% in a day.It was less than a week ago when the primary cryptocurrency was flying higher at over $18,000. However, the overall bearish market sentiment didn’t allow the asset to continue further or even remain there.

Its market cap has remained around $325 billion, while its dominance over the altcoins is at an even 40% on CoinMarketCap.Most alternative coins also felt similar volatile moves in the past week or so, but the past 24 hours have been completely different.

 

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