Ethereum Classiс to US Dollar
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Anderson Noah
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03.02.2025
Ethereum Classic (ETC) fell 12.0% this week to $19.92, extending its three-day decline to 36.5%. This sharp drop was triggered by new tariffs imposed on Canada, Mexico, and China by U.S. President Donald Trump on Saturday.
Among major altcoins, Ripple (XRP) took the biggest hit, plummeting 41.2% to $1.7780. The broader crypto market is now attempting a recovery, with ETC to stabilize above key support at $20.00.
However, Mexico and China are expected to retaliate, and Trump is also threatening tariffs on the EU. If these trade tensions escalate, ETC could extend its losses towards $15.00.
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| Ticker | ETCUSD ETC/USD |
| Contract value | 1 Ethereum Classic |
| Maximum leverage | 1:10 |
Swaps history
| Date | Short Swap (%) | Long Swap (%) | No data |
|---|
| Minimum transaction volume | 1 lot |
| Maximum transaction volume | 1000 lots |
| Hedging margin | 50% |
Margin requirements
| USD Exposure | Max Leverage Applied | Floating Margin |
|---|
