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Ethereum Classic bull market cycles - historical perspective of ETC bull runs
In this overview, we will show the previous bull runs of the Ethereum Classic cryptocurrency, including statistical analysis of ETC returns during previous bull runs.
|Symbol||Price (USD)||Price change (1d)||Price change (1 week)||Sentiment||Sentiment change (1d)||Sentiment change (1 week)||Tweets volume change||Trading volume change||Volatility||MarketCap|
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
Ethereum Classic has experienced 17 bull markets in the past, see chart below:
What is Ethereum Classic biggest bull run ?
Ethereum Classic biggest bull run started on Nov 29th, 2016 and ended on Jun 17th, 2017, lasting for 200 days..
During this time, the price of Ethereum Classic increased from 0.7459 USD to 24.0000 USD, resulting in a return of 3117.5 %.
Average compounded daily increase of price during this period was 1.75% / day.
What is Ethereum Classic 2nd biggest bull run ?
Ethereum Classic 2nd biggest bull run started on Mar 1st, 2021 and ended on May 7th, 2021, lasting for 67 days.
During this time, the price of Ethereum Classic increased from 10.2622 USD to 136.3820 USD, resulting in a return of 1229.0 %.
Average compounded daily increase of price during this period was 3.94% / day.
What is Ethereum Classic 3rd biggest bull run ?
Ethereum Classic 3rd biggest bull run started on Sep 14th, 2017 and ended on Dec 20th, 2017.
During this time, the price of Ethereum Classic increased from 9.0000 USD to 43.2426 USD, resulting in a return of 380.5 %.
Average compounded daily increase of price during this period was 1.63% / day.
Returns of previous Ethereum Classic bull runs
In the following table you can see the previous ETC bull runs, in which period they occurred and what were the returns achieved during each bull run:
|Start Date||End Date||Start Price||End Price||Return (%)|
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Bull and bear markets of Ethereum Classic
See Ethereum Classic past bull and bear markets in the chart below:
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