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The cryptocurrency market on January 29, 2026, is marked by a flurry of regulatory activity, significant technological advancements, and varied asset performance, painting a dynamic picture for investors and enthusiasts alike.
Regulatory Landscape Takes Center Stage
Today, the focus intensifies on the regulatory front with key developments in the United States and the United Kingdom. The U.S. Senate Committee on Agriculture, Nutrition, and Forestry has rescheduled its highly anticipated markup session for the crypto market structure bill to January 29. This move signals renewed bipartisan momentum and could pave the way for clearer definitions of jurisdiction between the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC), potentially unlocking substantial institutional investment. Concurrently, the SEC and CFTC are holding a joint public meeting to discuss coordinating regulatory efforts within the crypto sector. This collaboration aims to establish a unified regulatory framework, solidifying the U.S.'s position as a leader in digital assets.
Across the Atlantic, the United Kingdom has ushered in new tax rules for crypto assets, with the Reporting Cryptoasset Service Providers (Due Diligence and Reporting Requirements) Regulations 2025 coming into effect on January 1, 2026. These regulations mandate crypto service providers to conduct thorough due diligence and collect comprehensive transaction data. Meanwhile, a report from Standard Chartered has issued a cautionary note, estimating that stablecoins could divert approximately $500 billion from U.S. banks by 2028, a forecast that is expected to escalate discussions around digital asset regulation.
Bitcoin Consolidates Amid Macroeconomic Watch
Bitcoin (BTC), the market's leading cryptocurrency, is currently navigating a period of consolidation, trading largely within the $81,000 to $95,000 range, with its price hovering around $88,000-$89,000. Despite broad dollar weakness, Bitcoin has struggled to achieve a decisive breakout, as traders remain cautious ahead of the Federal Reserve's policy meeting today. The Fed is widely expected to keep interest rates unchanged, with market participants eagerly awaiting signals regarding future rate cuts. Analysts note that futures market data suggests a potential target for Bitcoin at the $93,500 liquidity zone, driven by a concentration of leveraged short positions that could trigger a cascade of liquidations if reached. Indonesian market analysis indicates a potential for sideways movement with a mild bullish bias, with Bitcoin possibly testing resistance in the Rp1.50–1.53 billion range.
Ethereum Forges Ahead with AI Integration and Quantum Preparedness
Ethereum (ETH) is poised for a significant technological leap with the expected launch of ERC-8004 today. This new standard aims to enable trustless interaction and verification among AI agents on the Ethereum network, fostering a new era of decentralized AI applications. Beyond this, Ethereum is actively progressing in its quantum security initiatives. An estimated 20% of the necessary upgrades to enhance post-quantum security are already complete, with further collaborative discussions slated for February 2026. This proactive approach aims to future-proof the network against emerging quantum computing threats. Institutional adoption of Ethereum continues to gain momentum, with significant amounts of ETH held in corporate treasuries and its increasing role in real-world asset tokenization.
Altcoins Experience Renewed Interest
While Bitcoin consolidates, several altcoins have demonstrated impressive performance, signaling a potential rotation of capital within the market. Over the past week, tokens like Hyperliquid (HYPE), Pump.fun (PUMP), River (RIVER), and Canton have registered substantial gains, with Hyperliquid leading the charge with a 65% increase. This surge in altcoin activity has contributed to an increase in altcoin dominance. Other altcoins such as Hedera (HBAR) and USOR are also on traders' watchlists, exhibiting signs of accumulation and strong bullish momentum, respectively.
Security Concerns Highlight Ongoing Challenges
In a development underscoring persistent security challenges in the crypto space, the US Marshals Service is investigating a potential breach of government digital asset accounts. It is alleged that over $60 million was stolen in late 2025 from wallets, some of which reportedly held seized cryptocurrencies by the government. This incident highlights the critical need for robust security measures across all facets of the digital asset ecosystem.
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How are institutions and celebrities predicting Bitcoin prices in 2026?
The table below shows the price predictions for Bitcoin by relevant institutions and prominent figures at the end of 2025. All information was collected from publicly available online sources.
Optimistic views are primarily based on the Federal Reserve's interest rate cuts, increased institutional allocation, and structural buying driven by spot ETFs, with targets mostly concentrated between $150,000 and $250,000. Cautious and bearish views emphasize that slowing demand, macroeconomic tightening, or technical structural disruption could trigger a deep pullback, with scenarios potentially leading to declines to $70,000, $56,000, $25,000, or even $10,000.
Some of these institutions' and celebrities' past predictions were very close to Bitcoin's price performance, while others were quite far off. Therefore, please consider these predictions objectively in conjunction with more information.
In summary, Bitcoin's price performance in 2026 will primarily be driven by the implementation of the US National Bitcoin Strategic Reserve policy and the macro liquidity resulting from global monetary easing. Meanwhile, the market's cyclical recovery demand following the significant correction in 2025, the continued allocation of institutional funds, and global geopolitical and inflationary pressures will also be key variables influencing its price trend.
| Institution / Individual | Description | Bitcoin target price in 2026 | Outlook |
|---|---|---|---|
| Charles Hoskinson | Cardano founder | $250,000 | Very optimistic |
| Robert Kiyosaki | Rich Dad, Poor Dad author | $250,000 | Very optimistic |
| Galaxy Digital | Crypto asset management company | $250,000 | Very optimistic |
| Arthur Hayes | BitMEX co-founder | $200,000+ | Very optimistic |
| Brad Garlinghouse | Ripple CEO | $180,000 | Very optimistic |
| VanEck | Investment companies specializing in ETFs | $180,000 | Very optimistic |
| JPMorgan | A leading global financial services group | $170,000 | Very optimistic |
| Tom Lee | Fundstrat founder | $150,000–$200,000 | Very optimistic |
| Standard Chartered Bank | British International Commercial Bank | $150,000 | Optimistic |
| Bernstein Research | Wall Street investment banks | $150,000 | Optimistic |
| Bitwise | Crypto asset management company | $150,000 | Optimistic |
| Citigroup | Global financial services group | $143,000 | Optimistic |
| Grayscale | The world's largest crypto asset management company | Breaking all-time high | Optimistic |
| Jurrien Timmer | Fidelity Director of Global Macro | $75,000 | Pessimistic |
| CryptoQuant | On-chain data analytics platform | $56,000~$70,000 | Pessimistic |
| Peter Brandt | Legendary trader with over 40 years of experience | $25,000 | Very Pessimistic |
| Mike McGlone | Senior Commodity Strategist at Bloomberg Intelligence | $10,000 | Very Pessimistic |
What will the price of ETC be in 2027?
In 2027, based on a +5% annual growth rate forecast, the price of Ethereum Classic(ETC) is expected to reach $12.35; based on the predicted price for this year, the cumulative return on investment of investing and holding Ethereum Classic until the end of 2027 will reach +5%. For more details, check out the Ethereum Classic price predictions for 2026, 2027, 2030-2050.What will the price of ETC be in 2030?
About Ethereum Classic (ETC)
About Ethereum Classic
In 2016, Ethereum suffered a major exploitation, resulting in a loss of 3.6 million ETH, worth approximately US$60 million at the time, and potentially worth billions of USD today. This hack had far-reaching consequences within the crypto industry: investors were in a state of panic and hurriedly sold off their holdings, while critics of cryptocurrencies used the opportunity to criticize blockchain">blockchain technology. Meanwhile, Ethereum developers were under immense pressure to find a solution, as the hackers had only 28 days to cash out the stolen 5% total supply of ETH in circulation.
Fortunately, a solution emerged: reverting the Ethereum blockchain to a state before the hack occurred. This way, those affected by the exploit could retain their funds, and it was as if the unfortunate event had never taken place. The majority of voter-miners approved this solution, and it received endorsement from Vitalik Buterin, the creator of Ethereum. Consequently, Ethereum was reversed, and the hack no longer existed on the new hard fork, which became the main Ethereum chain. The original chain, which still contained the stolen funds, was then referred to as Ethereum Classic (ETC).
Despite being less popular than ETH, Ethereum Classic is supported by many who embrace the philosophy of "Code is King." They believe that the immutability of the blockchain must be upheld at all costs. Supporters of Ethereum Classic argue that reversing the exploit goes against the fundamental principles of blockchain and compromises the technology's essential security. This reason is why they chose proof-of-Stake (PoS). On the Ethereum Classic website, developers claim that PoW is more secure due to its 50% fault tolerance, whereas a PoS network can be influenced with just 33% fault tolerance. However, it is worth noting that Ethereum Classic experienced multiple 51% attacks in 2019 and 2020, raising concerns about its security.
Resources
Official website: https://ethereumclassic.org/
How Ethereum Classic (ETC) Works
Up until block number 1,920,000, Ethereum Classic and Ethereum are technically identical. Originally, Ethereum Classic was planned to support PoS, just like Ethereum, as it made the transition. However, after various updates and debates, the developers of Ethereum Classic decided to remain with PoW, prioritizing security over speed and scalability. The team acknowledges that Ethereum Classic is "conservatively run," committed to preserving the pure essence of blockchain ideals. While Ethereum Classic shares many similarities with pre-Merge Ethereum, there are notable differences:
- Prioritization of integrity and security over speed and scalability.
- Full replication of data rather than fragmentation of data, as seen in Ethereum.
- The token of Ethereum Classic, ETC, has a hard cap, unlike Ethereum's ETH, to ensure property rights of holders.
Critics of Ethereum Classic's PoW consensus mechanism argue that it consumes excessive energy and is too slow for processing daily transactions. Nonetheless, supporters counter that PoW provides a significantly safer network, making it ideal as a layer 1 to handle large volumes of transactions, while Ethereum can be used as a layer 2 to group transactions to send to Ethereum Classic.
What Determines Ethereum Classic's Price?
Understanding the factors that affect the Ethereum Classic Price requires a comprehensive look into its market dynamics, technological updates, and investor sentiment. One of the key drivers of Ethereum Classic price today is its historical relationship with Ethereum (ETH). Born from a hard fork following the DAO hack in 2016, Ethereum Classic (ETC) is considered by some as the "original" Ethereum. This viewpoint has resulted in distinct market behaviors when comparing Ethereum Classic vs Ethereum price.
While Ethereum moved to scalability and adopting Proof-of-Stake consensus mechanisms, Ethereum Classic remains steadfast in its original Proof-of-Work system. This difference has attracted a specific group of miners and investors, thus affecting the ETC to USD conversion rates and contributing to the Ethereum Classic market cap.
Another vital aspect in Ethereum Classic price analysis is its rate of adoption and technological advancements—or lack thereof. Unlike Ethereum, which boasts a bustling ecosystem of Decentralized Finance (DeFi) and Non-Fungible Tokens (NFTs), Ethereum Classic has lagged in these areas. This lag has direct implications for ETC price prediction and impacts the current Ethereum Classic price, making it more volatile and highly dependent on market sentiment.
Investor confidence is often reflected in ETC price news and Ethereum Classic price updates, which can significantly influence the ETC coin price. Regulatory shifts, security concerns, and broader market trends in the crypto space also play crucial roles in shaping the Ethereum Classic price forecast and its future investment potential.
Conclusion
In conclusion, Ethereum Classic prioritizes security and immutability, serving as a reminder of diverse perspectives in the crypto world. With staunch proponents advocating the "Code is King" philosophy, Ethereum Classic remains committed to upholding the core principles of blockchain, even if it means compromising on speed and scalability.
It's important to note that like any other cryptocurrencies, Ethereum Classic carries its own risks and it's always wise to do your own research and exercise caution while investing.
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