Ethereum Classic (ETC) Trading Down 5.7% This Week

Ethereum Classic (ETC) traded up 0.1% against the U.S. dollar during the 24 hour period ending at 23:00 PM ET on July 10th. One Ethereum Classic coin can now be bought for about $20.82 or 0.00036274 BTC on major cryptocurrency exchanges. During the last week, Ethereum Classic has traded 5.7% lower against the U.S. dollar. Ethereum Classic has a market cap of $3.08 billion and $114.29 million worth of Ethereum Classic was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded down 1.2% against the dollar and now trades at $57,384.81 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 0.3% against the dollar and now trades at $0.11 or 0.00000187 BTC.
• Bitcoin Cash (BCH) traded up 1.4% against the dollar and now trades at $337.68 or 0.00588441 BTC.
• UNUS SED LEO (LEO) traded down 2.5% against the dollar and now trades at $5.69 or 0.00009919 BTC.
• Litecoin (LTC) traded up 2.5% against the dollar and now trades at $66.82 or 0.00116433 BTC.
• Monero (XMR) traded up 1.9% against the dollar and now trades at $158.06 or 0.00275435 BTC.
• Arweave (AR) traded up 1.5% against the dollar and now trades at $22.48 or 0.00039169 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 0.9% higher against the dollar and now trades at $37.70 or 0.00065703 BTC.
• eCash (XEC) traded up 2.3% 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 genesis date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 147,869,520 coins. Ethereum Classic’s official website 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 presently possible to purchase alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to acquire Ethereum Classic should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView