Ethereum Classic (ETC) Trading Down 5.7% This Week

Ethereum Classic (ETC) traded up 3.8% against the U.S. dollar during the twenty-four hour period ending at 17:00 PM Eastern on November 5th. Ethereum Classic has a total market capitalization of $2.72 billion and $100.80 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can now be purchased for $18.20 or 0.00026179 BTC on major cryptocurrency exchanges. During the last seven days, Ethereum Classic has traded down 5.7% against the U.S. dollar.

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

• Bitcoin (BTC) traded up 3.1% against the dollar and now trades at $69,540.51 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 9.3% against the dollar and now trades at $0.17 or 0.00000243 BTC.
• Bitcoin Cash (BCH) traded 4.8% higher against the dollar and now trades at $342.98 or 0.00493208 BTC.
• UNUS SED LEO (LEO) traded down 0.1% against the dollar and now trades at $6.05 or 0.00008694 BTC.
• Litecoin (LTC) traded up 1.5% against the dollar and now trades at $66.17 or 0.00095156 BTC.
• Monero (XMR) traded 0.3% lower against the dollar and now trades at $158.74 or 0.00228272 BTC.
• Bitcoin SV (BSV) traded up 4.6% against the dollar and now trades at $47.02 or 0.00067617 BTC.
• Arweave (AR) traded 6.6% higher against the dollar and now trades at $13.65 or 0.00019627 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded up 4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ethereum Classic Profile

Ethereum Classic (CRYPTO:ETC) is a proof-of-work (PoW) coin that uses the EtcHash hashing algorithm. Its launch date was July 30th, 2015. Ethereum Classic’s total supply is 210,700,000 coins and its circulating supply is 149,429,846 coins. 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 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.

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 possible to buy alternative cryptocurrencies such as Ethereum Classic directly using U.S. dollars. Investors seeking to acquire Ethereum Classic should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView