Ethereum Classic Price Reaches $21.49 (ETC)

Ethereum Classic (ETC) traded 3.4% higher against the U.S. dollar during the 1-day period ending at 22:00 PM ET on July 12th. During the last seven days, Ethereum Classic has traded 6.8% higher against the U.S. dollar. One Ethereum Classic coin can now be purchased for $21.49 or 0.00037159 BTC on major cryptocurrency exchanges. Ethereum Classic has a total market capitalization of $3.18 billion and $110.06 million worth of Ethereum Classic was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed during the last day:

• Bitcoin (BTC) traded up 1.5% against the dollar and now trades at $57,831.33 or 1.00000000 BTC.
• Dogecoin (DOGE) traded up 0.9% against the dollar and now trades at $0.11 or 0.00000186 BTC.
• Bitcoin Cash (BCH) traded up 7.9% against the dollar and now trades at $374.55 or 0.00647655 BTC.
• UNUS SED LEO (LEO) traded 1.8% lower against the dollar and now trades at $5.75 or 0.00009941 BTC.
• Litecoin (LTC) traded up 2.7% against the dollar and now trades at $69.62 or 0.00120392 BTC.
• Monero (XMR) traded 1% higher against the dollar and now trades at $160.06 or 0.00276771 BTC.
• Arweave (AR) traded down 2.1% against the dollar and now trades at $23.94 or 0.00041401 BTC.
• NyanCoin (NYAN) traded 2.2% lower against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Bitcoin SV (BSV) traded up 4.5% against the dollar and now trades at $39.50 or 0.00068303 BTC.
• eCash (XEC) traded up 2.3% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ethereum Classic Profile

Ethereum Classic (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 147,896,265 coins. Ethereum Classic’s official message board 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 currently 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 Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Ethereum Classic using one of the exchanges listed above.

ETC/USD price chart by TradingView