Following a positive macro event, the crypto market is gradually solidifying its bullish trend, resulting in a scaled-back market valuation of $1.19 trillion.
Bitcoin is at the forefront of this major uptrend, making a strong comeback to the $30,000 price tag. However, Bitcoin is not the only main beneficiary of this bullish sentiment.
Popular proof-of-work (PoW) protocol Ethereum Classic has experienced significant growth, surging over 23% in the past week. This impressive uptrend is attracting investors back into the market.
Meanwhile, a fast-rising crypto project, Wall Street Memes, is also garnering attention on the internet.
This innovative project serves as a hub for all internet financial memes and aims to offer earning opportunities to investors.
In the past week, institutional investors have flooded the crypto market, with many filing for Bitcoin spot exchange-traded funds (ETFs).
This influx has breathed new life into the financial landscape. So far, the crypto market has gained 1.19% with a north trajectory growth of $1.2 trillion.
Among the altcoins enjoying a massive uptrend is Ethereum Classic. At press time, $ETC is trading at $18.95, indicating an uptrend of 11.17% in the past day.
The growth trajectory has since spilled into its long-term gain, with $ETC garnering 23.8% in the past week and a 6.19% increase in the last 30 days.
However, its 90-day break has not been promising, as the PoW coin experienced a slump of 5.65%.
Meanwhile, its 180-day growth is at an impressive 16.54%, while a year-to-date (YTD) performance of 20.38% has given investors an uplift.
So far in the past year, the Ethereum Classic protocol has snapped up 18.52%, making it one of the best-performing cryptocurrencies in the burgeoning
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