Cryptocurrency Ethereum Classic Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum Classic (CRYPTO: ETC) has seen a 4.99% increase in price over the last 24 hours, reaching $21.2. Over the past week, ETC has gained 14.0%, rising from $18.55. The coin's all-time high is $167.09. Trading volume for ETC has increased by 46.0% over the past week, and the circulating supply has risen by 0.08% to 143.20 million, which is 67.96% of the max supply. Ethereum Classic's market cap is currently ranked #27 at $3.03 billion.
December 07, 2023 | 3:00 pm
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POSITIVE IMPACT
Ethereum Classic (ETC) has experienced a significant price increase of 4.99% in the last 24 hours and a 14% increase over the past week, with a rise in trading volume and circulating supply.
The positive price movement of Ethereum Classic, accompanied by an increase in trading volume, suggests strong market interest and could lead to further short-term gains. The increase in circulating supply is nominal and unlikely to dampen the positive sentiment.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100