While the bitcoin price languishes this week, ethereum classic is enjoying a spectacular spike ahead of its scheduled September 17 hard fork. And the ethereum price (ETH) is rising too.
As of this writing, the price of ethereum classic (ETC) rocketed 20% to top $7.38 per coin. ETC has been on a sizzling rally for the past week.
In fact, ETC is the best-performing cryptocurrency today among the top 100 most valuable cryptocurrencies by market cap. With today’s surge, ethereum classic is easily outpacing the bitcoin price, which is moving sideways after plunging earlier in the week.
The price of ethereum classic rocketed nearly 25% to $7.82 earlier today — ETC’s highest value since mid-July, as CCN’s sister publication Hacked observed.