Ethereum

Cryptocurrency Ethereum Classic loses more than 5% in 24 hours

Published

5 months ago

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Over the past 24 hours, Ethereum Classic The ETC/USD price fell by 5.33% to $21.37. This negative trend continues over the past week, where it suffered a loss of 10.0%, falling from $23.93 to its current price.

The chart below compares Ethereum Classic’s price action and volatility over the past 24 hours (left) to its action over the past week (right). The gray bands are Bollinger Bands, measuring the volatility of daily and weekly price movements. The wider the bands, or the larger the gray area at any given time, the greater the volatility.

The cryptocurrency’s trading volume increased by 74.0% over the past week, which is outpacing the cryptocurrency’s circulating supply, which decreased by 0.2%. This brings the circulating supply to 147.79 million, which is approximately 70.14% of its maximum supply of 210.70 million. According to our data, ETC’s current market cap rank is 31st, at $3.15 billion.

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