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Ethereum Classic jumps 20% as volume explodes on bullish sentiment

The price of Ethereum Classic rose sharply on July 18 as bullish sentiment catalyzed a rally to highs of $24.55

Ethereum Classic Ethereum Classic traded 20% up in 24 hours, surging to highs last seen in January 2025. This uptick came as top cryptocurrencies looked to hold onto gains, and ETC stood out as it outpaced peers across the top 100 by market capitalization.

Notably, these upward moves by Ethereum Classic bulls aligned with overall upside strength for ETH, XRP and a host of other coins.

The ETC token benefited from a spike in interest, with data showing Open Interest in the altcoin is 45% up to $273 million. While the derivatives volume has spiked 300% to more than $1.86 billion, spot volume has jumped 380% to more than $1.6 billion

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