Ethereum Classic (ETC) Trading Down 19.8% Over Last Week

Ethereum Classic (ETC) traded 2.4% lower against the US dollar during the 1-day period ending at 9:00 AM E.T. on April 17th. During the last week, Ethereum Classic has traded down 19.8% against the US dollar. One Ethereum Classic coin can now be purchased for $25.51 or 0.00041046 BTC on popular exchanges. Ethereum Classic has a total market cap of $3.74 billion and approximately $201.47 million worth of Ethereum Classic was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded 0.8% lower against the dollar and now trades at $62,156.04 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.7% against the dollar and now trades at $0.15 or 0.00000243 BTC.
• Bitcoin Cash (BCH) traded down 5.4% against the dollar and now trades at $460.07 or 0.00740180 BTC.
• Litecoin (LTC) traded 1.9% lower against the dollar and now trades at $77.10 or 0.00124049 BTC.
• UNUS SED LEO (LEO) traded 0.3% lower against the dollar and now trades at $5.87 or 0.00009445 BTC.
• Monero (XMR) traded 1.3% higher against the dollar and now trades at $121.21 or 0.00195013 BTC.
• Arweave (AR) traded 5.7% lower against the dollar and now trades at $23.80 or 0.00038286 BTC.
• Bitcoin SV (BSV) traded 3% lower against the dollar and now trades at $64.67 or 0.00104051 BTC.
• eCash (XEC) traded down 4.5% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Nervos Network (CKB) traded 5.2% lower against the dollar and now trades at $0.0210 or 0.00000034 BTC.

About Ethereum Classic

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 146,594,834 coins. The official message board for Ethereum Classic is ethereumclassic.org/news. The official website for Ethereum Classic 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 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.”

Buying and Selling Ethereum Classic

It is usually not possible to buy alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to trade Ethereum Classic should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView