Ethereum Classic

Aktueller Status: Ethereum Classic is trading at $7.04 with a $1.1 billion market capitalization (rank #56). The price moved +3.68% over the past 24 hours and is -13.94% over 7 days; the 30-day move stands at -27.94% and the 90-day at -13.73%. Both long-term and short-term horizons are pointing the same direction down — historically the regime where forced selling and capitulation are most likely to be in their later stages.

Position im Zyklus: The asset trades deep in the post-peak drawdown regime, more than 70% below its prior cycle high — typical of late-stage bear conditions or assets that have permanently re-rated lower.

Volatilität und Struktur: 30-day realized volatility of 48.6% annualized is moderate for an asset this size. Our composite multi-horizon Price Strength reads Bearish (25/100), against a weakening multi-horizon backdrop with cumulative pressure across 30/90-day windows.

Beyond Bitcoin, ETC's 90-day return correlations to the other two largest layer-1 references help characterize whether the asset moves as part of a crypto-market beta complex or as something more idiosyncratic. The Pearson correlations across daily log returns:

• Bitcoin reference: +0.75 — a strong positive relationship.
• Ethereum reference: +0.79 — a strong positive relationship.
• Solana reference: +0.86 — a very strong positive relationship.

Strong correlation to multiple references typically indicates that the asset trades primarily as crypto-market beta — moves in BTC/ETH/SOL drive most of the price action, and stand-alone alpha is harder to capture. Weak or negative correlations indicate idiosyncratic drivers (project-specific news, sector rotation within crypto, or narrative shifts) that can produce returns uncorrelated with the broader market.

Ethereum Classic (ETC) is eine Kryptowährung, die an globalen Digital-Asset-Märkten gehandelt wird. It trades at $7.04 as of the latest update, with a 24-hour move up 3.84%, placing it at rank #61 by market capitalisation among all listed digital assets. Ethereum Classic's current market cap stands at $1.10B, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

Auf dieser Seite finden Sie ein Live-Dashboard, das täglich aktualisiert wird und Ethereum Classic über mehrere Datenquellen verfolgt — Kurshistorie über mehrere Jahre, On-Chain-Aktivität wo verfügbar, Fundamentaldaten wie zirkulierende Versorgung und Verwässerung, Top-Börsen nach Volumen, technische Analyse mit gleitenden Durchschnitten und RSI sowie eine algorithmische Kurzfrist-, Mittelfrist- und Langfristprognose. Alle Zahlen stammen aus öffentlichen APIs und werden lokal zwischengespeichert; nichts hier ist Anlageberatung.

Ethereum Classic (ETC) is a proof-of-work cryptocurrency designed primarily as digital money — a decentralized, permissionless monetary network where transactions are verified by miners rather than any central authority. Its value proposition rests on credible scarcity, censorship resistance, and the security of its proof-of-work consensus.

Ethereum Classic ist eine Proof-of-Work-Kryptowährung: Miner konkurrieren um die Erweiterung der Chain, indem sie ein Rechenrätsel lösen, und der erste, der eine gültige Lösung findet, verdient die Block-Belohnung. Es gibt keine Smart Contracts, kein Staking, kein Validator-Set und keine On-Chain-Governance. Das Protokoll ist absichtlich minimal und einseckig.

Issuance follows a predictable, decreasing schedule. Network security scales with the total computing power dedicated to mining; higher hashrate makes the chain more expensive to attack and is generally viewed as a vote of confidence by miners in the asset's future price.

Ethereum Classic is used primarily as a store of value, a medium of exchange, and a settlement layer. It is not a smart-contract platform and does not host decentralized applications. Adoption typically reflects two themes: digital sound money (similar to Bitcoin's thesis) and cheap, fast peer-to-peer payments where the parent monetary network is congested or expensive.

Ethereum Classic's tokenomics combine its supply schedule, current circulating supply, and the relationship between circulating market cap and fully-diluted valuation. Approximately 74.3% of maximum supply is currently circulating, meaning roughly 25.7% of total potential supply remains to be issued. This implies a structural emission stream against current demand for the asset. The fully diluted valuation (FDV) of $1.5 billion stands at 1.3× the current circulating market cap of $1.1 billion. The wider this ratio, the more issuance overhang the asset faces — a structural headwind on valuation that mature assets like Bitcoin do not face but that early-cycle assets typically do.

For thesis-building, the relevant question is whether the structural value accrual mechanism (fee burns, staking yield reinvestment, deflationary supply mechanics, ecosystem TVL growth) outpaces the structural emission pressure. When it does, the price tends to grind higher over multi-quarter windows even without speculative momentum; when it does not, the asset typically requires consistent narrative-driven demand to absorb the issuance.

The macro backdrop for crypto assets in 2026 is dominated by the Federal Reserve's rate path, the trajectory of dollar liquidity, and the unwind (or non-unwind) of the post-2020 expansion in M2 money supply. Crypto assets — and Bitcoin in particular — have historically responded most strongly to changes in the global liquidity regime, with risk-on phases coinciding with falling real yields and a softening dollar, and risk-off phases the inverse. Given the 90-day BTC correlation of +0.75, ETC's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

The cross-asset relationships worth monitoring: the dollar index (DXY) — historically inversely correlated with crypto over longer windows; the 10-year Treasury yield — a proxy for the cost of risk capital; gold — which often shares "monetary hedge" framing with Bitcoin during certain regime changes; and the S&P 500 — which during liquidity-driven moves often rhymes with crypto despite the popular framing of crypto as uncorrelated.

For Ethereum Classic specifically, the macro variable that has empirically led price most often is global crypto-market liquidity — proxied by stablecoin total supply, futures open interest, and exchange volumes. When these expand, ETC tends to follow; when they contract, the relationship typically reverses.

Wichtige Risiken: Mining-Zentralisierung (kleinere PoW-Chains sind leichter mit einem 51%-Angriff anzugreifen), sinkende Hashrate relativ zu Bitcoin (was die relativen Angriffskosten erhöht), regulatorischer Druck auf den Energieverbrauch und Kursaktion-Empfindlichkeit gegenüber Bitcoin (die meisten PoW-Altcoins tragen eine starke BTC-Korrelation). Positionsgrößen sollten widerspiegeln, dass PoW-Altcoin-Volatilität BTC-Bewegungen in beide Richtungen verstärkt.