When Bitcoin loses value, it is an excellent time for altcoins to improve their BTC ratio. Unfortunately, that doesn’t appear to be happening all that much right now, other than where the Ethereum Classic price is concerned. Unlike all other currencies, the Ethereum Classic price is still in the green over the past 24 hours.
Cryptocurrency markets are still pretty unstable. While things looked to be in a good place, this past morning has resulted in a lot of losses again. All major cryptocurrencies are down between three to seven percent. One exception is ETC, as the Ethereum Classic which price is still up and growing against all odds.
With most of the ETC trading volume originate from OKex, Upbit and Bithumb are also in the top three. Nowadays a lot of people are looking to diversify their Bitcoin holdings. The way things look right now, there is a lot more upswing potential for altcoins compared to Bitcoin, even though all markets are intrinsically linked…