📅 Overview of Ethereum Classic ($ETC ) as of June 3, 2025

Currently, Ethereum Classic (ETC) is trading at $17.46, showing a growth of 3.13% in the last 24 hours. The trading volume for the day reached $71.3 million, while the market capitalization reached $2.66 billion.

📈 Technical Analysis and Forecasts

According to forecasts, over the week, the price of ETC may fluctuate in the range of $17.65 to $20.72. Despite the current growth, technical indicators suggest a predominance of bearish sentiment, which requires caution in making investment decisions.

🔍 Fundamental Factors

Ethereum Classic maintains a Proof-of-Work (PoW) consensus algorithm, making it attractive for miners after Ethereum's transition to Proof-of-Stake (PoS). However, despite this, ETC faces challenges in terms of limited development and competition from other blockchains.

📊 Conclusion

Although Ethereum Classic demonstrates short-term growth, investors should consider current market conditions and fundamental factors before making decisions. It is recommended to monitor further changes and conduct thorough analysis before investing.