Ethereum Classic (ETC) Trading Down 19.8% Over Last Week

Ethereum Classic (ETC) traded down 2.4% against the U.S. dollar during the 24-hour period ending at 9:00 AM Eastern on April 17th. Ethereum Classic has a total market capitalization of $3.74 billion and approximately $201.47 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. During the last seven days, Ethereum Classic has traded 19.8% lower against the U.S. dollar. One Ethereum Classic coin can now be purchased for about $25.51 or 0.00041046 BTC on exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Bitcoin (BTC) traded down 0.8% against the dollar and now trades at $62,156.04 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.7% against the dollar and now trades at $0.15 or 0.00000243 BTC.
• Bitcoin Cash (BCH) traded down 5.4% against the dollar and now trades at $460.07 or 0.00740180 BTC.
• Litecoin (LTC) traded 1.9% lower against the dollar and now trades at $77.10 or 0.00124049 BTC.
• UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $5.87 or 0.00009445 BTC.
• Monero (XMR) traded up 1.3% against the dollar and now trades at $121.21 or 0.00195013 BTC.
• Arweave (AR) traded down 5.7% against the dollar and now trades at $23.80 or 0.00038286 BTC.
• Bitcoin SV (BSV) traded 3% lower against the dollar and now trades at $64.67 or 0.00104051 BTC.
• eCash (XEC) traded down 4.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Nervos Network (CKB) traded 5.2% lower against the dollar and now trades at $0.0210 or 0.00000034 BTC.

Ethereum Classic Coin Profile

Ethereum Classic (ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 146,594,834 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. Ethereum Classic’s official website is ethereumclassic.org. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. Ethereum Classic’s official message board is ethereumclassic.org/news.

According to CryptoCompare, “Ethereum Classic (ETC) is a decentralized, open-source blockchain platform that uses proof-of-work consensus to execute and store smart contracts and dApps. It was created in July 2016 by a group of developers and users who opposed the Ethereum Foundation’s decision to hard fork the Ethereum blockchain in response to the “DAO hack.” ETC is used for a variety of purposes, including creating dApps and issuing tokens, and has a strong focus on immutability and censorship-resistance. It is led by a team of developers and supported by a global community of users and organizations.”

Ethereum Classic Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to acquire Ethereum Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView