Ethereum Classic Price Hits $22.03 on Exchanges (ETC)

Ethereum Classic (ETC) traded 3.3% lower against the US dollar during the 1 day period ending at 19:00 PM E.T. on July 25th. One Ethereum Classic coin can now be bought for approximately $22.03 or 0.00033541 BTC on major exchanges. During the last week, Ethereum Classic has traded 4.3% lower against the US dollar. Ethereum Classic has a market cap of $3.26 billion and $189.59 million worth of Ethereum Classic was traded on exchanges in the last day.

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

• Bitcoin (BTC) traded up 0.4% against the dollar and now trades at $65,695.06 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 1.8% against the dollar and now trades at $0.12 or 0.00000190 BTC.
• Bitcoin Cash (BCH) traded up 0.2% against the dollar and now trades at $361.56 or 0.00550356 BTC.
• UNUS SED LEO (LEO) traded 0.7% higher against the dollar and now trades at $5.90 or 0.00008977 BTC.
• Litecoin (LTC) traded 3.1% lower against the dollar and now trades at $68.77 or 0.00104688 BTC.
• Monero (XMR) traded up 1% against the dollar and now trades at $161.61 or 0.00246002 BTC.
• Arweave (AR) traded 0.2% lower against the dollar and now trades at $30.11 or 0.00045834 BTC.
• Bitcoin SV (BSV) traded down 4.6% against the dollar and now trades at $42.34 or 0.00064454 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• eCash (XEC) traded down 1.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.

Ethereum Classic Coin Profile

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 148,065,768 coins. The official message board for Ethereum Classic is ethereumclassic.org/news. Ethereum Classic’s official website is ethereumclassic.org. 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.”

Ethereum Classic Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Ethereum Classic directly using US dollars. Investors seeking to trade Ethereum Classic should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Classic using one of the aforementioned exchanges.

ETC/USD price chart by TradingView