Cryptocurrency Ethereum Classic's Price Increased More Than 6% Within 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum Classic (CRYPTO: ETC) has seen a 6.77% price increase in the last 24 hours, reaching $21.84, continuing a positive trend with an 8.0% gain over the past week. The coin's all-time high is $167.09. Trading volume surged 217.0% over the past week, and the circulating supply rose by 0.06% to 143.20 million, approximately 67.96% of the max supply. Ethereum Classic's market cap is currently ranked #31 at $3.13 billion.
December 22, 2023 | 7:01 pm
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POSITIVE IMPACT
Ethereum Classic (ETC) has experienced a significant price increase and surge in trading volume, indicating a strong short-term bullish sentiment among investors.
The substantial increase in price and trading volume for Ethereum Classic (ETC) suggests a growing investor interest and positive market sentiment in the short term. The rise in circulating supply is modest and unlikely to dampen the bullish trend. The market cap ranking provides additional context for the asset's performance relative to other cryptocurrencies.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100