Cryptocurrency Ethereum Classic Falls More Than 16% In 24 hours

Ethereum Classic’s ETC/USD price has decreased 16.58% over the past 24 hours to $20.63, continuing its downward trend over the past week of -26.0%, moving from $28.25 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.

Ethereum Classic’s trading volume has climbed 150.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 2.56%. This brings the circulating supply to 134.72 million, which makes up an estimated 63.94% of its max supply of 210.70 million. According to our data, the current market cap ranking for ETC is #32 at $2.89 billion.

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

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