Ethereum Classic (ETC) Reaches 24 Hour Trading Volume of $59.74 Million

Ethereum Classic (ETC) traded down 1% against the dollar during the 1-day period ending at 8:00 AM Eastern on January 20th. One Ethereum Classic coin can now be purchased for approximately $11.76 or 0.00012945 BTC on major cryptocurrency exchanges. In the last week, Ethereum Classic has traded down 7.5% against the dollar. Ethereum Classic has a total market capitalization of $1.82 billion and approximately $59.74 million worth of Ethereum Classic was traded on exchanges in the last day.

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

• Arweave (AR) traded 3.1% lower against the dollar and now trades at $3.64 or 0.00004005 BTC.
• Bitcoin (BTC) traded 2.3% lower against the dollar and now trades at $90,816.77 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.2% against the dollar and now trades at $0.12 or 0.00000138 BTC.
• Bitcoin Cash (BCH) traded 3.3% lower against the dollar and now trades at $570.24 or 0.00627904 BTC.
• Monero (XMR) traded down 12.3% against the dollar and now trades at $545.83 or 0.00601024 BTC.
• UNUS SED LEO (LEO) traded down 2.6% against the dollar and now trades at $8.71 or 0.00009594 BTC.
• Zcash (ZEC) traded down 2.8% against the dollar and now trades at $359.33 or 0.00395664 BTC.
• Litecoin (LTC) traded down 0.5% against the dollar and now trades at $69.43 or 0.00076455 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded down 1.3% against the dollar and now trades at $0.0720 or 0.00000079 BTC.

About Ethereum Classic

ETC is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 155,198,871 coins. The official message board for Ethereum Classic is ethereumclassic.org/news. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed here. The official website for Ethereum Classic 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.”

Ethereum Classic Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to acquire Ethereum Classic should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, 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