Ethereum Classic (ETC) Trading 6.1% Lower This Week

Ethereum Classic (ETC) traded 1.8% lower against the dollar during the 24 hour period ending at 23:00 PM E.T. on July 30th. One Ethereum Classic coin can currently be bought for $22.34 or 0.00033791 BTC on exchanges. Over the last week, Ethereum Classic has traded down 6.1% against the dollar. Ethereum Classic has a total market capitalization of $3.31 billion and approximately $105.87 million worth of Ethereum Classic was traded on exchanges in the last day.

Here is how other cryptocurrencies have performed over the last day:

• Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $66,109.31 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 2.5% lower against the dollar and now trades at $0.13 or 0.00000190 BTC.
• Bitcoin Cash (BCH) traded up 0.1% against the dollar and now trades at $436.14 or 0.00659720 BTC.
• Litecoin (LTC) traded 1.4% lower against the dollar and now trades at $72.42 or 0.00109551 BTC.
• UNUS SED LEO (LEO) traded 0.2% lower against the dollar and now trades at $5.69 or 0.00008610 BTC.
• Monero (XMR) traded 0.8% lower against the dollar and now trades at $158.21 or 0.00239310 BTC.
• Arweave (AR) traded down 2.8% against the dollar and now trades at $29.92 or 0.00045264 BTC.
• Bitcoin SV (BSV) traded 1.4% lower against the dollar and now trades at $50.94 or 0.00077052 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded 3.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ethereum Classic Profile

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 148,134,587 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 official message board for Ethereum Classic is ethereumclassic.org/news. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed 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.”

Ethereum Classic Coin Trading

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, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView