Ethereum Classic Trading 24.3% Lower Over Last 7 Days (ETC)

Ethereum Classic (ETC) traded down 4.5% against the U.S. dollar during the 1-day period ending at 10:00 AM Eastern on February 6th. During the last week, Ethereum Classic has traded 24.3% lower against the U.S. dollar. Ethereum Classic has a total market capitalization of $3.04 billion and $136.53 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can currently be purchased for about $20.16 or 0.00020619 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

  • Bitcoin (BTC) traded down 0.7% against the dollar and now trades at $97,692.90 or 1.00000000 BTC.
  • Dogecoin (DOGE) traded down 3.8% against the dollar and now trades at $0.25 or 0.00000260 BTC.
  • UNUS SED LEO (LEO) traded 0.1% lower against the dollar and now trades at $9.80 or 0.00010025 BTC.
  • Litecoin (LTC) traded 3.8% lower against the dollar and now trades at $103.34 or 0.00105677 BTC.
  • Bitcoin Cash (BCH) traded 3.7% lower against the dollar and now trades at $322.37 or 0.00329662 BTC.
  • Monero (XMR) traded 0.2% higher against the dollar and now trades at $226.68 or 0.00231809 BTC.
  • NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
  • IOTA (MIOTA) traded 7.7% lower against the dollar and now trades at $0.22 or 0.00000221 BTC.
  • Bitcoin SV (BSV) traded 5.7% lower against the dollar and now trades at $39.08 or 0.00039967 BTC.
  • Arweave (AR) traded 8% lower against the dollar and now trades at $9.89 or 0.00010109 BTC.

About Ethereum Classic

Ethereum Classic (ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. It was first traded on July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 150,644,631 coins. Ethereum Classic’s official website 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 message board is ethereumclassic.org/news. 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 presently possible to buy alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to acquire Ethereum Classic should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Ethereum Classic using one of the aforementioned exchanges.

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