Ethereum Classic (ETC) Reaches 24-Hour Volume of $266.04 Million

Ethereum Classic (ETC) traded down 0.6% against the U.S. dollar during the 24-hour period ending at 10:00 AM E.T. on January 9th. Ethereum Classic has a total market capitalization of $3.79 billion and approximately $266.04 million worth of Ethereum Classic was traded on exchanges in the last day. In the last week, Ethereum Classic has traded 5.3% lower against the U.S. dollar. One Ethereum Classic coin can now be bought for about $25.25 or 0.00026928 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 1.1% lower against the dollar and now trades at $93,760.49 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 4.3% lower against the dollar and now trades at $0.33 or 0.00000352 BTC.
• Bitcoin Cash (BCH) traded down 1.7% against the dollar and now trades at $428.52 or 0.00457035 BTC.
• UNUS SED LEO (LEO) traded 0.4% higher against the dollar and now trades at $9.03 or 0.00009627 BTC.
• Litecoin (LTC) traded 2.5% higher against the dollar and now trades at $104.53 or 0.00111485 BTC.
• Monero (XMR) traded down 1.5% against the dollar and now trades at $195.15 or 0.00208133 BTC.
• IOTA (MIOTA) traded 3.9% lower against the dollar and now trades at $0.31 or 0.00000330 BTC.
• Bitcoin SV (BSV) traded up 0.3% against the dollar and now trades at $52.64 or 0.00056139 BTC.
• Arweave (AR) traded down 1.8% against the dollar and now trades at $15.64 or 0.00016682 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.

About Ethereum Classic

Ethereum Classic (CRYPTO:ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It launched on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 150,283,345 coins. The official website for Ethereum Classic is ethereumclassic.org. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. The official message board for Ethereum Classic 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.”

Buying and Selling Ethereum Classic

It is usually not possible to buy alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView