Cryptocurrency Ethereum Classic Rises More Than 8% In 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum Classic (CRYPTO: ETC) has seen a significant price increase of 8.12% in the last 24 hours, reaching $22.22. Over the past week, the price has risen over 9%, from $20.45. The coin's all-time high is $167.09. Trading volume for ETC has surged by 120% over the past week, and the circulating supply has slightly increased by 0.07% to 143.20 million, which is 67.96% of the max supply. Ethereum Classic is currently ranked #32 by market cap at $3.18 billion.
December 27, 2023 | 7:01 pm
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Ethereum Classic (ETC) has experienced a notable increase of 8.12% in the last 24 hours, with a 9% rise over the past week, indicating strong recent performance.
The significant increase in price and trading volume for Ethereum Classic (ETC) suggests a positive market sentiment in the short term. The rise in circulating supply is minimal and unlikely to dampen the current upward trend. The market cap ranking provides additional context for the asset's performance relative to other cryptocurrencies.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100