Cryptocurrency Ethereum Classic Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Ethereum Classic (ETC) has fallen by 3.3% in the past 24 hours to $20.58, continuing a week-long decline of 6.0%. Despite the price drop, trading volume has increased by 2.0%, while the circulating supply has slightly decreased. ETC's market cap is currently $3.05 billion, ranking it #30.
August 02, 2024 | 3:02 pm
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Ethereum Classic (ETC) has experienced a 3.3% price drop in the past 24 hours, continuing a week-long decline of 6.0%. Despite the price drop, trading volume has increased by 2.0%, while the circulating supply has slightly decreased. ETC's market cap is currently $3.05 billion, ranking it #30.
The continued decline in Ethereum Classic's price, despite an increase in trading volume, suggests bearish sentiment among investors. The slight decrease in circulating supply does not offset the negative price movement, indicating potential further downside in the short term.
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