Ethereum

Ethereum Classic Cryptocurrency Drops Over 4% in 24 Hours

Published

5 months ago

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Ethereum Classic ETC/USD price decreased by 4.82% over the last 24 hours to reach $24.22continuing its downtrend of -10.0% over the past week from $27.0 to its current price.

The chart below compares Ethereum Classic’s price action and volatility over the past 24 hours (left) to price 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.

Trading volume for the coin has fallen by 12.0% over the past week, which is in the opposite direction to the overall circulating supply of the coin, which has increased by 0.06%. . This brings the circulating supply to 147.56 million, which is approximately 70.03% of its peak supply of 210.70 million. According to our data, ETC’s current market capitalization is at 29th place, with $3.59 billion.

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