(ETCThe price of ) rose in March, ignoring the deadly death cross on the weekly chart. This was because traders increased their stakes that the currency could be a refuge for miners fleeing from the rival blockchain.

ETC’s value climbed more than 15% to $44 a token, marking the highest price since December 9, 2021. Intraday gains by the coin were part of an overall rebound that saw it rise over 75% in eight days, after having bottomed near $25.