### Ethereum Classic Sees More Than 4% Drop in Crypto Price within a Day

18 views 2:31 pm 0 Comments May 13, 2024

Over the past 24 hours, the price of Ethereum Classic (ETC/USD) has experienced a 4.45% decrease, settling at $26.03. This decline continues the downward trajectory noted in the previous week, during which it exhibited a slight 0.0% drop from $26.11 to its current value.

The comparison chart displayed below showcases the price variations and volatility of Ethereum Classic over the last 24 hours (on the left) and the preceding week (on the right). Gray Bollinger Bands on the chart indicate the levels of volatility for both daily and weekly price movements. A broader band or a more extensive gray region indicates heightened volatility.

In the preceding week, Ethereum Classic observed an 8.0% surge in trading volume, closely mirroring the overall increase in circulating supply by 0.0%. The current circulating supply amounts to 146.73 million units, representing around 69.64% of the total maximum supply of 210.70 million. As per available data, ETC presently holds the #29 rank in market capitalization, with a total value of $3.83 billion.

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