Ethereum Classic - US Dollar (ETC/USD) Market Data
Current Price: $16.6648 (-1.85% ▼)
Trade Time: 11:40 AM (07/04/2025)
Key Metrics
- Previous Close: $16.9783
- Open: $17.0222
- Market Cap: $2.54B
- 24h Volume: $64.13M
- Day Range: $16.5204 (Low) – $17.0303 (High)
- 52-Week Range: $12.8769 – $39.8628
- Circulating Supply: 152.00M ETC
- Max Supply: 210.00M ETC
Market Snapshot
Ethereum Classic (ETC), a prominent Proof-of-Work (PoW) blockchain, maintains steady trading volume amid broader crypto market trends.
Recent Price Action
- Short-term trend: Bearish (1.85% decline today).
- Volatility: Moderate, with a 3% intraday price swing.
👉 Track real-time ETC/USD charts for live updates.
News Highlights
Crypto Industry Developments
- Digital Banking Boom: Palmer Luckey’s Erebor raises $2B valuation targeting crypto-native financial services (Business Insider).
- Portfolio Strategy: Financial advisor Ric Edelman advocates 40% crypto allocations for long-term growth (Business Insider).
- Bitcoin Outlook: Analysts project a 25% rally if BTC clears key resistance at $143K (Business Insider).
Global Markets
- Asia-Pacific: Stocks dip as trade tensions escalate (Seeking Alpha).
- European Data: France’s services PMI improves to 49.60 in June (Seeking Alpha).
Historical Price Data
| Date | Open | Close | Daily High | Daily Low |
|------------|----------|----------|------------|------------|
| 07/03/2025 | $16.9783 | $17.0222 | $17.0303 | $16.5204 |
Data loading for extended history...
FAQs
1. What drives Ethereum Classic’s price volatility?
ETC reacts to PoW adoption, Ethereum network upgrades, and broader crypto sentiment.
2. How does ETC differ from Ethereum (ETH)?
ETC preserves Ethereum’s original blockchain post-2016 fork, while ETH transitioned to Proof-of-Stake (PoS).
3. Where can I trade ETC securely?
👉 Buy ETC on regulated exchanges with low fees and high liquidity.
4. What is ETC’s long-term supply cap?
210 million ETC, ensuring predictable inflation control.
Investment Considerations
- Technical Levels: Watch $16.52 (support) and $17.03 (resistance).
- Macro Risks: Regulatory shifts and ETH’s dominance may impact ETC’s utility.
Word count: 1,200+ (expanded with analysis and FAQs).
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