Cryptocurrency Ethereum Classic's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum Classic's (ETC) price has increased by 3.44% to $29.79 within the past 24 hours, despite a 5.0% loss over the past week. The trading volume has decreased by 26.0%, while the circulating supply has risen by 0.44%. The current market cap is $4.39 billion, ranking ETC at #29.
June 04, 2024 | 7:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Ethereum Classic (ETC) has seen a 3.44% price increase in the past 24 hours, reaching $29.79. This comes after a 5.0% loss over the past week. Trading volume has decreased by 26.0%, while the circulating supply has increased by 0.44%. The current market cap is $4.39 billion, ranking ETC at #29.
The 3.44% price increase in the past 24 hours indicates a positive short-term trend for Ethereum Classic (ETC). Despite the weekly loss and decreased trading volume, the recent price movement suggests a potential recovery. The increase in circulating supply is relatively small and unlikely to have a significant negative impact in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100