Ethereum Classic (ETC) Price Down 1.5% Over Last Week

Ethereum Classic (ETC) traded 2.6% lower against the US dollar during the one day period ending at 9:00 AM E.T. on August 28th. Over the last week, Ethereum Classic has traded down 1.5% against the US dollar. One Ethereum Classic coin can now be bought for about $18.74 or 0.00031306 BTC on popular exchanges. Ethereum Classic has a market capitalization of $2.78 billion and approximately $136.92 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 down 4% against the dollar and now trades at $59,874.39 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.5% against the dollar and now trades at $0.10 or 0.00000168 BTC.
• Bitcoin Cash (BCH) traded down 4.2% against the dollar and now trades at $326.53 or 0.00545353 BTC.
• UNUS SED LEO (LEO) traded down 0.7% against the dollar and now trades at $5.84 or 0.00009752 BTC.
• Litecoin (LTC) traded 2.5% lower against the dollar and now trades at $61.49 or 0.00102691 BTC.
• Monero (XMR) traded 0.9% lower against the dollar and now trades at $159.43 or 0.00266281 BTC.
• Arweave (AR) traded down 1.5% against the dollar and now trades at $24.21 or 0.00040441 BTC.
• Bitcoin SV (BSV) traded 2.4% lower against the dollar and now trades at $42.94 or 0.00071715 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded 3.3% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.

About Ethereum Classic

Ethereum Classic is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its launch date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 148,510,890 coins. Ethereum Classic’s official message board is ethereumclassic.org/news. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. 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.

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView