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Ethereum Classic Suffers From Relationship To Bitcoin, General Markets — But All Hope Isn't Lost

Posted by Melanie Schaffer on Tuesday, September 21, 2021, In : Technical Analysis 
shape, logo, company name© Provided by BenzingaEthereum Classic (CRYPTO: ETC) plummeted down almost 10% on Monday following Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which were trading down over 7% and 8%, respectively.

The crypto markets have also begun to trade in correlation with the overall markets this year due to Bitcoin and a number of altcoins being adopted by companies such as Square Inc (NYSE: SQ) and PayPal Holdings Inc (NASDAQ: PYPL).

See Also: Why Bitcoin And Ethereum Are Trading Lower Today


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