Ethereum

Ethereum Classic Market Report: Bitcoin Falls to 2018 Low – $ETC Declines

Brief:


Bitcoin took another nosedive to its lowest price in 2018. $BTC is down -3.26% price to a last price of $5,935.61. Ethereum Classic is down -7.89% in 24 hours, down -5.01% on the week and down -11.65% on the month on a last price of $13.65. The Ethereum Classic marketcap is $1,399,547,085 with a circulating supply of 102,530,922 $ETC. $ETC/USDT is trading between a 24hr high of $15.04 and a 24hr low of $13.15 on a 24hr OKEx volume of $39,509,600. This trading volume is moderate. The weekly price trend is mixed.

Rank

Ethereum Classic is ranked #16 today by cryptocurrency market capitalization.

Last price

13.65 $ETC/USDT

$USD

last price $ 13.65
one week ago $ 14.37

Price change

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

period change
day -7.89%
week -5.01%
month -11.65%

Volume

Volume

$ETC 24 hour volume
USDT $39,509,600
all $ETC currencies $210,833,000

The 24 hour volume for $ETC/USDT on OKEx is $39,509,600. This volume weight is moderate when compared with OKEx daily trading levels for $ETC over the last month.

The total 24 hour volume for all reporting $ETC markets is $210,833,000.

Market Share

OKEx has the top two $ETC pairs globally.

Top $ETC Pairs
Tap / click for detail:

Remarks

Bitcoin took another nosedive to its lowest price in 2018. $BTC is down -3.26% price to a last price of $5,935.61. Ethereum Classic is down -7.89% in 24 hours, down -5.01% on the week and down -11.65% on the month on a last price of $13.65. The Ethereum Classic marketcap is $1,399,547,085 with a circulating supply of 102,530,922 $ETC. $ETC/USDT is trading between a 24hr high of $15.04 and a 24hr low of $13.15 on a 24hr OKEx volume of $39,509,600. In moderate volume trading the weekly trend is mixed.

With three green and four red daily candles $ETC is looking a lot better than many other coins. Ethereum Classic had day to day increases on three days this past week.

Bitcoin meanwhile nosedived to the $6000 support level. This is a loss of 3.26% in 24 hours with a last price of $5,935.61. It’s also the lowest $BTC price of the year.

Some of the $BTC loss was attributed to banking regulatory uncertainty in India which prompted India’s biggest crypto exchange to advise its traders. FXStreet reports “Indian Zebpay announces that banks are about to cut them off from banking services, and everyone starts selling cryptos like crazy.”

Ethereum Classic last sank to a low of $11.94 on June 10 2018, not so long ago.

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.

Sunday June 24 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
-3.26% price $5,935.61
vol $3,710,480,000
mktcap $101,574,829,645
17.11M #XBT 14:54
http://kittybitcoin.com/bitcoin/24_hours_of_bitcoin.php

XBTLivePriceTM

Two Days Ago

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:

Bitcoin took another nosedive to its lowest price in 2018. $BTC is down -3.26% price to a last price of $5,935.61. Ethereum Classic is down -7.89% in 24 hours, down -5.01% on the week and down -11.65% on the month on a last price of $13.65.
Bitcoin took another nosedive to its lowest price in 2018. $BTC is down -3.26% price to a last price of $5,935.61. Ethereum Classic is down -7.89% in 24 hours, down -5.01% on the week and down -11.65% on the month on a last price of $13.65.

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 $ 1,399,547,085
Circulating supply 102,530,922
Last price $ 13.65

Daily High Low

daily high 15.04 USDT
daily low 13.15 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 15.04 USDT
week 17.95 USDT

Support

Support is the lowest price within the period:

period support
day 13.15 USDT
week 13.15 USDT

Market sentiment

Market sentiment is bearish.

sentiment bearish

Image courtesy Pixabay.com

Summary

Bitcoin took another nosedive to its lowest price in 2018. $BTC is down -3.26% to a last price of $5,935.61. Ethereum Classic is down -7.89% in 24 hours, down -5.01% on the week and down -11.65% on the month on a last price of $13.65. The Ethereum Classic marketcap is $1,399,547,085 with a circulating supply of 102,530,922 $ETC. $ETC/USDT saw weekly resistance at $17.95 USDT and weekly support at $13.15 USDT. Market sentiment is bearish. The weekly price trend is mixed in daily moderate volume trading.

Cryptocurrency Storage Safety

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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 Sunday June 24 2018 14:44 hours UTC. Contact KittyBitcoin to request custom reports. Share your thoughts with @KittyBitcoin on Twitter.

Tags

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

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