Ethereum Classic Tops $2 Billion to Set New 2018 Price High

Last updated:

There’s a new top 10 cryptocurrency. As of press time, the total value of all ether classic (ETC), the cryptocurrency that powers the ethereum classic blockchain, in circulation has topped $2.2 billion, a move that helped it leap from 12th place at the start of the day to 10th place according to CoinMarketCap data. Best known as the original ethereum blockchain, or the version in which funds stolen in a high-profile 2016 hack still belong to the attacker, ethereum classic is benefiting from tailwinds provided by major market listings. Already, August 6 has seen the addition of ETC to U.S. crypto brokerage RobinHood’s exchange, news that was followed by a pop in the price amid access to new market liquidity. As a result, the listing could be seen as a catalyst that helped ETC scale significant resistance at $19, a level it failed to scale on multiple occasions. Propelled in part by

Like this article? Take a second to support us on Patreon!