Ethereum Classic (ETC) edges higher by 2.3% and trades around $22.60 at the time of writing on Friday after testing a key support area the day before. On-chain data showing increased account growth suggests a bullish move ahead.
Asset management giant BlackRock does not see much interest among clients in crypto ETFs beyond Bitcoin and Ethereum. While crypto traders consider spot Ethereum ETF approval as the first step towards other crypto assets, the statement from an executive at the asset management firm has caused uncertainty.
The cryptocurrency market rallied 3.4% overnight to $2.4 trillion, taking advantage of the mixed performance of US indices, with the Russell2000 and Dow Jones up and the Nasdaq100 and S&P500 down. It’s not a full recovery, but it’s the second bounce in a week from just under $2.31 trillion.
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