Ethereum Classic’s hashrate has left investors in awe of their portfolio

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EthereumClassic's [ETC] hashrate has left investors in awe of their portfolio

hashrate reached an all-time high with a current hashrate of 45.98 H/s. The all-time high in hashrate was logged six years after ETC miners mined the first ETC block at a block height of 1,920,000., ETC traded at $40.44, with its price increasing by 26% in the past 24 hours.With significant price action in the past 24 hours, trading activity for the ETC coin also rallied significantly within the same period. At the time of writing, trading volume on the network was up by over 592%.

Although flat, with its dynamic line below the center line at -0.03, if the momentum for buying pressure is maintained, the coin’s Chaikin Money Flow can cross the center line northward.On the four-hour chart, daily traders have taken to aggressively accumulating the #17 largest cryptocurrency. Its RSI was 78 at press time.

 

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