Ethereum Classic Drops Over 3% in 24 Hours: Market Update

John Darbie
Photo: Finoracle.net

Ethereum Classic Price Falls Over 3% in 24 Hours

In the past 24 hours, Ethereum Classic's price dropped by 3.08%, settling at $23.45. This continues its downtrend from the previous week, where it reported a 4.0% loss, falling from $24.32 to its current price.

Price Movement and Volatility

The chart below demonstrates Ethereum Classic's price movement over the last 24 hours (left) compared to its performance over the past week (right). The gray bands in the chart are Bollinger Bands, which measure the volatility of the price movements. The wider the bands, or the larger the gray area, the greater the volatility observed.

Trading Volume and Supply Update

The trading volume for Ethereum Classic has decreased by 8.0% over the past week. However, the circulating supply of the coin has increased by 0.64%, bringing the total circulating supply to 147.61 million. This makes up an estimated 70.06% of its maximum supply, which is 210.70 million.

Market Cap Ranking

According to our data, Ethereum Classic (ETC) currently holds the #32 ranking in market cap, with a total value of $3.44 billion.


By keeping track of these key metrics, investors can make more informed decisions about Ethereum Classic and its future prospects.

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John Darbie is a seasoned cryptocurrency analyst and writer with over 10 years of experience in the blockchain and digital assets industry. A graduate of MIT with a degree in Computer Science and Engineering, John specializes in blockchain technology, cryptocurrency markets, and decentralized finance (DeFi). His insights have been featured in leading publications such as CoinDesk, CryptoSlate, and Bitcoin Magazine. John’s articles are renowned for their thorough research, clear explanations, and practical insights, making them a reliable source of information for readers interested in cryptocurrency. He actively follows industry trends and developments, regularly participating in blockchain conferences and webinars. With a strong reputation for expertise, authoritativeness, and trustworthiness, John Darbie continues to provide high-quality content that helps individuals and businesses navigate the evolving world of digital assets.