What's Going On With Ethereum Classic?

Ethereum Classic (CRYPTO: ETC) has gained roughly 12% to $20.26 since Tuesday evening amid Donald Trump winning the 2024 presidential election.

Trump’s win, coupled with the Republican Party regaining Senate control, hints at a shift in U.S. economic policies, potentially involving corporate tax cuts, trade tariffs and measures to combat inflation—factors that could influence both traditional and digital markets.

What To Know: A key driver behind Ethereum Classic's rally is Trump's pro-crypto stance, including his vision of the U.S. becoming a “Bitcoin superpower.” ...

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