Cryptocurrency Ethereum Classic Rises More Than 6% In 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum Classic (CRYPTO: ETC) has seen a 6.25% increase in price over the last 24 hours, reaching $35.58, continuing a positive trend with an 11.0% gain over the past week from $32.11. Despite a 1.0% decrease in trading volume over the week, the circulating supply has risen by 0.22% to 146.45 million, which is 69.51% of its max supply. The current market cap of ETC is $5.21 billion, ranking it #26.
April 08, 2024 | 7:02 pm
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Ethereum Classic (ETC) has experienced a 6.25% increase in price over the last 24 hours, reaching $35.58, with an overall 11.0% gain over the past week. The current market cap is $5.21 billion, ranking it #26.
The positive price movement of Ethereum Classic (ETC) over the past week, culminating in a 6.25% increase in the last 24 hours, indicates strong market performance and investor interest. The increase in circulating supply without negatively impacting the price suggests a healthy demand. The overall market cap ranking improvement to #26 further solidifies its position in the market, likely leading to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100