Ethereum Classic (ETC) Trading 5.2% Higher Over Last Week

Ethereum Classic (ETC) traded 2.1% higher against the US dollar during the one day period ending at 0:00 AM ET on October 18th. Over the last week, Ethereum Classic has traded 5.2% higher against the US dollar. Ethereum Classic has a total market cap of $2.91 billion and $72.86 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can now be bought for $19.50 or 0.00028474 BTC on popular cryptocurrency exchanges.

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

• Bitcoin (BTC) traded 1.3% higher against the dollar and now trades at $68,468.42 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 8.7% against the dollar and now trades at $0.14 or 0.00000211 BTC.
• Bitcoin Cash (BCH) traded down 1.3% against the dollar and now trades at $366.80 or 0.00535727 BTC.
• UNUS SED LEO (LEO) traded 0.6% lower against the dollar and now trades at $6.06 or 0.00008855 BTC.
• Litecoin (LTC) traded up 1.1% against the dollar and now trades at $73.80 or 0.00107781 BTC.
• Monero (XMR) traded up 1.2% against the dollar and now trades at $160.15 or 0.00233897 BTC.
• Arweave (AR) traded up 1.9% against the dollar and now trades at $19.09 or 0.00027887 BTC.
• Bitcoin SV (BSV) traded down 0.2% against the dollar and now trades at $51.17 or 0.00074742 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded up 3% against the dollar and now trades at $0.16 or 0.00000238 BTC.

Ethereum Classic Coin Profile

Ethereum Classic (CRYPTO:ETC) 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 149,195,467 coins. 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. Ethereum Classic’s official message board is ethereumclassic.org/news. Ethereum Classic’s official website is ethereumclassic.org.

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 currently 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 Gemini, Changelly or Coinbase. 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