
Ethereum Classic (CRYPTO: ETC) was trading over 4% lower at one point on Friday in sympathy with Bitcoin (CRYPTO: BTC) and the S&P 500, which were falling 4% and 1.7%, respectively, in yet another bearish day for the markets.
As of Friday afternoon, Ethereum Classic was holding above Thursday’s low-of-day. Since the crypto didn’t rise above Thursday’s high-of-day, it has settled Ethereum Classic into an inside bar pattern.