$ETC is below $8, even after its latest supply reduction.
Ethereum Classic is around $7.97 in my Binance snapshot, down 2.16%.
The network recently completed its scheduled block reward reduction, cutting new ETC issuance by 20%.
That's meaningful for its long-term supply model.
But price is telling a different story right now.
ETC has slipped below the $8 area as selling pressure continues across the crypto market.
I'm watching whether buyers can defend $7.70–$7.80. A recovery above $8.20 would be a more encouraging sign.
Lower supply can help the long-term picture, but it doesn't replace actual demand.
$ETC
#EthereumClassic #ETC #ProofOfWork #Altcoins #CryptoMarket
Ethereum Classic is around $7.97 in my Binance snapshot, down 2.16%.
The network recently completed its scheduled block reward reduction, cutting new ETC issuance by 20%.
That's meaningful for its long-term supply model.
But price is telling a different story right now.
ETC has slipped below the $8 area as selling pressure continues across the crypto market.
I'm watching whether buyers can defend $7.70–$7.80. A recovery above $8.20 would be a more encouraging sign.
Lower supply can help the long-term picture, but it doesn't replace actual demand.
$ETC
#EthereumClassic #ETC #ProofOfWork #Altcoins #CryptoMarket