BitcoinEthereum

Ethereum Classic Market Report: $ETC Propelled 21% on Coinbase News

Brief:


Coinbase announced it would list $ETC for trading in the months ahead and the price jumped over 21%. Ethereum Classic is up 16.59% in 24 hours, down -3.55% on the week and down -14.49% on the month on a last price of $14.69. The Ethereum Classic marketcap is $1,501,991,287 with a circulating supply of 102,245,833 $ETC. $ETC/USDT is trading between a 24hr high of $16.60 and a 24hr low of $12.62 on a 24hr OKEx volume of $87,750,000. This trading volume is heavy. The weekly price trend is mixed.

Last price

14.69 $ETC/USDT

$USD

last price $ 14.69
one week ago $ 15.23

Price change

Price change is the $ETC percentage change within the period:

period change
day 16.59%
week -3.55%
month -14.49%

Volume

Volume

$ETC 24 hour volume
USDT $87,750,000
all $ETC currencies $664,743,000

The 24 hour volume for $ETC/USDT on OKEx is $87,750,000. This volume weight is heavy when compared with OKEx daily trading levels for $ETC over the last month.

The total 24 hour volume for all reporting $ETC markets is $664,743,000.

Market Share

The OKEx currency pair $ETC/USDT is 13.20% of all $ETC traded in twenty-four hours. OKEx commands top market share with its USDT pair.

Top $ETC Pairs
Tap/click for detail:

Remarks

Coinbase announced it would list $ETC for trading in the months ahead and the price jumped over 21%. Ethereum Classic is up 16.59% in 24 hours, down -3.55% on the week and down -14.49% on the month on a last price of $14.69. The Ethereum Classic marketcap is $1,501,991,287 with a circulating supply of 102,245,833 $ETC. $ETC/USDT is trading between a 24hr high of $16.60 and a 24hr low of $12.62 on a 24hr OKEx volume of $87,750,000. This trading volume is heavy. The weekly price trend is mixed.

While $ETC was heavily bouyed by the positive Coinbase news, the overall crypto market turned bearish again today after one brief period of halted recovery.

It appears that the fallout from the negative $40 million dollar coinrail.kr hack dominated the markets overnight with bitcoin falling even further.

One Year $ETC Chart

$ETC One Day Candles

Browse Ethereum Classic Collection

Learn about the unique characteristics of $ETC. Browse our collection of Ethereum Classic Market Reports.

Tuesday June 12 2018 Bitcoin Background

Altcoins such as Ethereum Classic ($ETC) may show a relationship with Bitcoin ($BTC) which changes with the alt, bitcoin and market conditions:

24 Hours of Bitcoin
24 Hours of #Bitcoin
-3.4% price $6,588.68
vol $4,639,550,000
mktcap $112,598,973,094
17.09M #XBT 23:35
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Yesterday

Altcoin Market Reports
We publish topical Market Reports on many altcoins. Browse our extensive collection of Altcoin Market Reports.

Highlight Chart

Tap / click to enlarge:

Coinbase announced it would list $ETC for trading in the months ahead and the price jumped over 21%. Ethereum Classic is up 16.59% in 24 hours, down -3.55% on the week and down -14.49% on the month on a last price of $14.69.
Coinbase announced it would list $ETC for trading in the months ahead and the price jumped over 21%. Ethereum Classic is up 16.59% in 24 hours, down -3.55% on the week and down -14.49% on the month on a last price of $14.69.

Data sources

Main Data Source

OKEx is the main data source for this report. The One Day Candles chart, highlight chart, and digital asset numeric trading data are from OKEx.

Secondary

CoinMarketCap is the secondary data source for this report. The One Year Chart, cryptocurrency rank, token circulating supply, and daily market share are sourced from CoinMarketCap.com.

Tertiary

XBTLivePriceTM and 24 Hours of Bitcoin are fine data products from KittyBitcoin.com

Other sources are credited where used.

Market capitalization

Market capitalization is the total $US dollar value of the Ethereum Classic market calculated using the formula:

market cap = ( circulating supply x last price )
Market cap $ 1,501,991,287
Circulating supply 102,245,833
Last price $ 14.69

Daily High Low

daily high 16.60 USDT
daily low 12.62 USDT

Trend

The weekly trend is mixed.

trend is MIXED

Trend is "mixed" when the week contains both green and red daily price candles, price movement up or down is significant, and there is no clear weekly price direction.

Resistance

Resistance is the highest price within the period:

period resistance
day 16.60 USDT
week 16.60 USDT

Support

Support is the lowest price within the period:

period support
day 12.62 USDT
week 11.94 USDT

Market sentiment

Market sentiment is neutral.

sentiment neutral

Image courtesy Pixabay.com

Summary

Coinbase announced it would list $ETC for trading in the months ahead and the price jumped over 21%. Ethereum Classic is up 16.59% in 24 hours, down -3.55% on the week and down -14.49% on the month on a last price of $14.69. The Ethereum Classic marketcap is $1,501,991,287 with a circulating supply of 102,245,833 $ETC. $ETC/USDT saw weekly resistance at $16.60 USDT and weekly support at $11.94 USDT. Market sentiment is neutral given the bearish bitcoin market. The weekly price trend is mixed in daily heavy volume trading.

Cryptocurrency Storage Safety

Don’t RISK your crypto on an exchange. Use a COLD STORAGE bitcoin safe from Trezor.

Disclaimer

Past history is NOT an indicator of future results. Read the legal disclaimer:

http://kittybitcoin.com/docs/disclaimer.php

Printed

This report was printed on Tuesday June 12 2018 22:28 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Bitcoin & Ethereum

Thanks for reading! 🙂

Tags

Ethereum Classic, $ETC, USDT, OKEx, Market, Report, $ETC/USDT, altcoins

KittyBitcoin supplies blockchain intelligence on http://kittybitcoin.com, on industry leading websites, and through white label channels since 2014. Follow @KittyBitcoin on Twitter®.
Free AllCoinsNews Email Updates
Get the latest cryptotoken market news and blockchain developments!
We respect your privacy.