Ethereum Classic Soars 55% Weekly, Bitcoin Stalls at $23K (Weekend Watch)

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Ethereum Classic is among the few altcoins in the green on a daily scale, while bitcoin stands still just under $23,000.

After the highly volatile trading week, bitcoin has calmed as the weekend started and sits close to $23,000. Most altcoins are slightly in the red on a daily scale, with ETC being among the few exceptions. Ethereum Classic is also one of the best performers in the past week, with a massive 55% surge.After bottoming below $19,000 on July 13, the bitcoin bulls came to town and reminded of their strength.

Saturday and Sunday saw more impressive gains from the asset, and it entered Monday above $22,000. The bullish trajectory continued in the following days, culminating in a surge past $24,000 on July 20. This became the cryptocurrency’s highest price point in well over a month.and fell by almost $2,000. Nevertheless, it bounced off yesterday just to over $23,500.

As of now, however, it has lost some ground and currently stands just under $23,000. Its market cap has declined slightly to $435 billion, and the dominance over the alts is down to 41.7%.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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