ETC/USD

Ethereum Classic price has been making steady gains, producing stair-stepping price action in the mid-$20 zone. The current trend is forming a ramping 1-2-1-2 pattern, as ETC established a new high at $2495 before bears suppressed the price again. Cryptocurrencies have been notorious for displaying this back-and-forth price action before explosive slingshot ...

Yesterday the Federal Reserve slowed the pace of rate hikes to 25bps; their first rate decision since December 2022. This comes after four consecutive 75bps hikes between June and November, followed by one 50bps hike back in December. Fed dot plots also indicate 25bps rate hikes in both March and May, but TBD on that. This comes as the US economy begins to ...