Ethereum Classic Price Down 6.8% Over Last Week (ETC)

Ethereum Classic (ETC) traded down 2.3% against the US dollar during the 24 hour period ending at 19:00 PM ET on July 28th. During the last seven days, Ethereum Classic has traded down 6.8% against the US dollar. One Ethereum Classic coin can now be purchased for $22.54 or 0.00033157 BTC on major exchanges. Ethereum Classic has a total market capitalization of $3.34 billion and $93.79 million worth of Ethereum Classic was traded on exchanges in the last 24 hours.

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

• Bitcoin (BTC) traded 0.9% lower against the dollar and now trades at $67,975.01 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.8% against the dollar and now trades at $0.13 or 0.00000190 BTC.
• Bitcoin Cash (BCH) traded 5.1% higher against the dollar and now trades at $415.29 or 0.00610945 BTC.
• UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $5.86 or 0.00008627 BTC.
• Litecoin (LTC) traded 0.9% lower against the dollar and now trades at $71.01 or 0.00104469 BTC.
• Monero (XMR) traded up 0.6% against the dollar and now trades at $164.60 or 0.00242153 BTC.
• Arweave (AR) traded down 4.3% against the dollar and now trades at $30.46 or 0.00044806 BTC.
• Bitcoin SV (BSV) traded up 0.1% against the dollar and now trades at $46.33 or 0.00068164 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded 3.5% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ethereum Classic Coin Profile

ETC is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It was first traded on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 148,105,760 coins. Ethereum Classic’s official message board is ethereumclassic.org/news. 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 Twitter account is @eth_classic and its Facebook page is accessible here.

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 presently 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 Gemini, Changelly or Coinbase. 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