Cryptocurrency Ethereum Classic Decreases More Than 7% Within 24 hours

Ethereum Classic’s ETC/USD price has decreased 7.76% over the past 24 hours to $36.51. This is contrary to the coins performance over the past week where it has experienced an up-trend of 46.0%, moving from $24.88 to its current price.

The chart below compares the price movement and volatility for Ethereum Classic over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has climbed 115.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.27%. This brings the circulating supply to 136.11 million, which makes up an estimated 64.6% of its max supply of 210.70 million. According to our data, the current market cap ranking for ETC is #19 at $4.94 billion.

Powered by CoinGecko API

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Leave a Reply

Your email address will not be published. Required fields are marked *