Ethereum Classic Price Down 2.8% Over Last Week (ETC)

Ethereum Classic (ETC) traded 0.1% lower against the US dollar during the one day period ending at 9:00 AM Eastern on July 11th. Ethereum Classic has a market cap of $1.11 billion and approximately $25.94 million worth of Ethereum Classic was traded on exchanges in the last day. In the last week, Ethereum Classic has traded down 2.8% against the US dollar. One Ethereum Classic coin can currently be bought for $7.07 or 0.00011024 BTC on major exchanges.

Here’s how related cryptocurrencies have performed in the last day:

• Arweave (AR) traded 0.5% higher against the dollar and now trades at $2.00 or 0.00003117 BTC.
• Bitcoin (BTC) traded 0.4% lower against the dollar and now trades at $64,172.14 or 1.00000000 BTC.
• Dogecoin (DOGE) traded 1% higher against the dollar and now trades at $0.0748 or 0.00000116 BTC.
• UNUS SED LEO (LEO) traded 1.2% higher against the dollar and now trades at $9.50 or 0.00014800 BTC.
• Zcash (ZEC) traded down 0.7% against the dollar and now trades at $502.91 or 0.00783687 BTC.
• Monero (XMR) traded down 0.2% against the dollar and now trades at $320.75 or 0.00499825 BTC.
• Bitcoin Cash (BCH) traded 1.4% lower against the dollar and now trades at $247.67 or 0.00385947 BTC.
• Litecoin (LTC) traded up 1% against the dollar and now trades at $44.98 or 0.00070093 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded 0.3% higher against the dollar and now trades at $13.61 or 0.00021213 BTC.

Ethereum Classic Profile

Ethereum Classic 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 157,454,928 coins. The official website for Ethereum Classic is ethereumclassic.org. 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. The Reddit community for Ethereum Classic is https://reddit.com/r/ethereumclassic and the currency’s Github account can be viewed 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 purchase alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to trade Ethereum Classic should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, 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