Ethereum Classic Price Up 4.5% Over Last Week (ETC)

Ethereum Classic (ETC) traded 2.5% lower against the dollar during the twenty-four hour period ending at 16:00 PM E.T. on October 17th. Over the last seven days, Ethereum Classic has traded 4.5% higher against the dollar. Ethereum Classic has a market capitalization of $2.83 billion and $100.19 million worth of Ethereum Classic was traded on exchanges in the last 24 hours. One Ethereum Classic coin can now be purchased for about $18.94 or 0.00028275 BTC on popular exchanges.

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

• Bitcoin (BTC) traded down 1.3% against the dollar and now trades at $66,994.56 or 1.00000000 BTC.
• Dogecoin (DOGE) traded down 2.6% against the dollar and now trades at $0.13 or 0.00000187 BTC.
• Bitcoin Cash (BCH) traded 1% lower against the dollar and now trades at $363.10 or 0.00541984 BTC.
• UNUS SED LEO (LEO) traded down 0.6% against the dollar and now trades at $6.10 or 0.00009100 BTC.
• Litecoin (LTC) traded up 3.6% against the dollar and now trades at $72.90 or 0.00108817 BTC.
• Monero (XMR) traded 1.1% lower against the dollar and now trades at $156.12 or 0.00233031 BTC.
• Arweave (AR) traded 2.9% lower against the dollar and now trades at $18.36 or 0.00027407 BTC.
• Bitcoin SV (BSV) traded 2.2% lower against the dollar and now trades at $49.80 or 0.00074338 BTC.
• NyanCoin (NYAN) traded down 2.2% against the dollar and now trades at $2.40 or 0.00008809 BTC.
• Conflux (CFX) traded down 7% against the dollar and now trades at $0.16 or 0.00000234 BTC.

Ethereum Classic Coin Profile

Ethereum Classic (ETC) 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 149,177,730 coins. Ethereum Classic’s official Twitter account is @eth_classic and its Facebook page is accessible here. The official message board for Ethereum Classic is ethereumclassic.org/news. 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.

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

ETC/USD price chart by TradingView