March 2, 2023 10:00 AM | 1 minute Read
Ethereum Classic (CRYPTO, ETC) has experienced a 3.09% decline in its value over the past day, with prices dropping from $22.3 to $20.67. This follows the -7.0% fall it has seen over the course of the week.
The chart below shows how the coin’s volatility is affecting its daily and weekly price movements. The gray area signifies the Bollinger Bands, which are a measure of volatility. The wider the bands, the higher the volatility.
In addition, Ethereum Classic’s trading volume decreased by 23.0% over the past week, while its market capitalization dropped from $3.2 billion to $2.7 billion – a decrease of $2.3 billion.
Overall, Ethereum Classic’s prices have been on a downward trajectory over the past day and week, leading to a 3.09% decrease in the last 24 hours and a $2.3 billion drop in market capitalization.
Cryptocurrency Ethereum Classic (ETC) has seen its value drop by more than three percent over a 24 hour period, while the circulating supply has risen by 0.15% in the same time frame. This results in a circulating supply of 139.90 million, which equates to 66.4% of the maximum supply of 210.70 million. According to CoinGecko API data, ETC currently ranks #26 in the market capital rankings at $2.89 trillion.
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