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Despite these philosophical differences, Ethereum Classic and Ethereum work similarly. After all, Ethereum Classic is the original Ethereum blockchain. Ethereum classic price today ETC USD on the weekly chart looks like is next 1-2 weeks are going to be bullish for the ones holding ETC.
Ethereum classic news
Ethereum Classic (ETC) is priced at $30.31 today, with a 24-hour trading volume of $1,018,056,663.43. It is reflecting a 6.57% increase over the last 24 hours and a 16.56% increase over the past 7 days. With a circulating supply of 146 Million ETC, Ethereum Classic’s current market cap is at $4,419,066,050.04. Bitcoin price swings dramatically as SEC approves cryptocurrency for ETFs Right now, the long-awaited transition of ETH to a new transaction confirmation algorithm (The Merge) is taking place. Against the background of this transition, we see an increase in interest in ETC, which is reflected in Ethereum Classic’s price. The swap from mining to staking could lead to a significant increase in ETC’s price: miners will be forced to look for new coins, and ETC seems like a good option.
Here’s why Ethereum Classic (ETC) price could jump by at least 12%
Since ETC entered the market, there have been a variety of events that have influenced the price of ethereum classic. Ethereum Classic Stock Price data may be delayed up to 15 minutes.
Etc crypto
In volatile cryptocurrency markets, it is important to do your own research into a coin or token to determine if it is a good fit for your investment portfolio. Whether ETC is a suitable investment for you depends on your risk tolerance and how much you intend to invest, among other factors. Never invest any money that you cannot afford to lose. Is Ethereum Classic better than Ethereum? The main difference lies in their response to a significant hack on the original Ethereum network. ETH implemented changes to reverse the hack, while ETC maintained the original chain, emphasizing immutability and decentralization.