Ethereum Classic (ETC) Trading Down 21.4% Over Last Week

Ethereum Classic (ETC) traded 1.3% lower against the dollar during the 1 day period ending at 16:00 PM Eastern on April 16th. Ethereum Classic has a total market cap of $3.80 billion and approximately $290.52 million worth of Ethereum Classic was traded on exchanges in the last day. One Ethereum Classic coin can now be bought for about $25.93 or 0.00041233 BTC on popular exchanges. In the last seven days, Ethereum Classic has traded down 21.4% against the dollar.

Here is how similar cryptocurrencies have performed in the last day:

• Bitcoin (BTC) traded 0.5% lower against the dollar and now trades at $62,970.76 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 3.7% against the dollar and now trades at $0.15 or 0.00000244 BTC.
• Bitcoin Cash (BCH) traded down 3.9% against the dollar and now trades at $482.04 or 0.00766385 BTC.
• Litecoin (LTC) traded 1.2% higher against the dollar and now trades at $79.11 or 0.00125768 BTC.
• UNUS SED LEO (LEO) traded down 0.8% against the dollar and now trades at $5.87 or 0.00009329 BTC.
• Monero (XMR) traded up 0.7% against the dollar and now trades at $121.26 or 0.00192795 BTC.
• Arweave (AR) traded down 7.4% against the dollar and now trades at $24.14 or 0.00038379 BTC.
• Bitcoin SV (BSV) traded up 2.4% against the dollar and now trades at $66.84 or 0.00106273 BTC.
• eCash (XEC) traded down 2.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
• Nervos Network (CKB) traded down 9% against the dollar and now trades at $0.0216 or 0.00000034 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 146,584,336 coins. Ethereum Classic’s official website 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. 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.

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 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 Changelly, Coinbase or GDAX. 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