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Ethereum Classic Cryptocurrency Drops More Than 5% In 24 Hours
In the last 24 hours, EthereumClassic ETC/USD price dropped by 5.33% to $21.37. It continues its negative trend from last week, where it suffered a loss of 10.0%, falling from $23.93 to its current price.
The chart below compares Ethereum Classic’s price action and volatility over the past 24 hours (left) with its price action over the past week (right). The gray bands are Bollinger Bands, which measure volatility for daily and weekly price movements. The wider the bands, or the larger the gray area at any given time, the higher the volatility.
The coin’s trading volume has increased by 74.0% over the past week, diverging from the coin’s circulating supply, which has decreased by 0.2%. This brings the circulating supply to 147.79 million, which is an estimated 70.14% of its maximum supply of 210.70 million. According to our data, the current market cap ranking for ETC is #31 at $3.15 billion.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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