Ethereum Classic Trading Down 15.3% Over Last Week (ETC)

Ethereum Classic (ETC) traded 6.1% lower against the dollar during the one day period ending at 16:00 PM E.T. on August 3rd. Over the last seven days, Ethereum Classic has traded down 15.3% against the dollar. One Ethereum Classic coin can now be purchased for about $19.33 or 0.00031972 BTC on exchanges. Ethereum Classic has a total market cap of $2.86 billion and $149.44 million worth of Ethereum Classic was traded on exchanges in the last 24 hours.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• Bitcoin (BTC) traded down 3.9% against the dollar and now trades at $60,459.67 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 5.6% against the dollar and now trades at $0.11 or 0.00000176 BTC.
• Bitcoin Cash (BCH) traded 9.3% lower against the dollar and now trades at $358.59 or 0.00593112 BTC.
• UNUS SED LEO (LEO) traded up 0.1% against the dollar and now trades at $5.67 or 0.00009378 BTC.
• Litecoin (LTC) traded 3.4% lower against the dollar and now trades at $63.19 or 0.00104522 BTC.
• Monero (XMR) traded 6.5% lower against the dollar and now trades at $150.17 or 0.00248379 BTC.
• Arweave (AR) traded 8.2% lower against the dollar and now trades at $22.51 or 0.00037223 BTC.
• Bitcoin SV (BSV) traded down 5.8% against the dollar and now trades at $42.14 or 0.00069705 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded 8.4% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ethereum Classic Profile

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 148,183,608 coins. The official website for Ethereum Classic 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. The official message board for Ethereum Classic is ethereumclassic.org/news. 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 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 Changelly, Coinbase 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