Cryptocurrency Ethereum Classic Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum Classic (ETC) experienced a 3.99% price decrease over the last 24 hours, marking a continuation of its 5% decline over the past week. The current price stands at $25.35. Despite this downturn, trading volume for ETC has increased by 11% over the week, with its circulating supply now at 143.20 million, approximately 67.96% of its maximum supply. Ethereum Classic's market cap is currently ranked #29, valued at $3.63 billion.
February 21, 2024 | 7:00 pm
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Ethereum Classic (ETC) has seen a 3.99% decrease in price over the last 24 hours, with a 5% decline over the past week, currently priced at $25.35. The trading volume has increased by 11%, and its circulating supply has slightly risen, indicating a mixed market sentiment.
The price decrease of Ethereum Classic (ETC) over both the last 24 hours and the past week suggests a negative short-term impact on its valuation. However, the increase in trading volume and a slight rise in circulating supply indicate some level of continued investor interest and market activity. The mixed signals could lead to volatility, but the prevailing negative price trend is likely to influence short-term sentiment negatively.
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IMPORTANCE 90
RELEVANCE 100