Ethereum (ETH) 24 Hour Trading Volume Tops $15.31 Billion

Ethereum (ETH) traded down 3% against the dollar during the 24-hour period ending at 10:00 AM ET on November 2nd. Ethereum has a total market cap of $299.01 billion and $15.31 billion worth of Ethereum was traded on exchanges in the last day. One Ethereum coin can now be purchased for $2,483.27 or 0.03574431 BTC on popular cryptocurrency exchanges. During the last seven days, Ethereum has traded 0.8% higher against the dollar.

Here is how similar cryptocurrencies have performed during the last day:

  • Cardano (ADA) traded 0.7% lower against the dollar and now trades at $0.35 or 0.00000509 BTC.
  • Avalanche (AVAX) traded 5% lower against the dollar and now trades at $24.24 or 0.00034897 BTC.
  • NEAR Protocol (NEAR) traded down 4.8% against the dollar and now trades at $3.88 or 0.00005582 BTC.
  • Uniswap (UNI) traded down 7.2% against the dollar and now trades at $7.35 or 0.00010584 BTC.
  • Internet Computer (ICP) traded 3% lower against the dollar and now trades at $7.72 or 0.00011117 BTC.
  • Fetch.ai (FET) traded down 7.7% against the dollar and now trades at $1.19 or 0.00001710 BTC.
  • Cronos (CRO) traded down 1.9% against the dollar and now trades at $0.0727 or 0.00000105 BTC.
  • Hedera (HBAR) traded 4% lower against the dollar and now trades at $0.0449 or 0.00000065 BTC.
  • Cosmos (ATOM) traded 3.9% lower against the dollar and now trades at $4.10 or 0.00005904 BTC.
  • Algorand (ALGO) traded down 2.3% against the dollar and now trades at $0.11 or 0.00000164 BTC.

Ethereum Profile

Ethereum is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It launched on July 30th, 2015. Ethereum’s total supply is 120,410,815 coins. The official message board for Ethereum is forum.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. The official website for Ethereum is www.ethereum.org. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here.

According to CryptoCompare, “Ethereum is a decentralized platform for building smart contracts and decentralized applications. It has its own cryptocurrency, Ether, and enables users to transact and communicate without the need for a central authority. In contrast to Bitcoin, Ethereum is a general purpose blockchain that can be programmed for a wide range of tasks. It can be used for building apps and organizations, holding assets, and facilitating financial transactions while respecting user privacy and avoiding censorship. ETH, the native cryptocurrency of Ethereum, is used to fuel and secure the network, serve as collateral for the creation of other tokens, and support the Ethereum financial system. It has value as a means of paying transaction fees and as a store of value or tool for decentralized finance. ETH has also gained recognition through initial coin offerings.”

Buying and Selling Ethereum

Investors seeking to trade Ethereum using US dollars directly can do so using GDAX, Gemini or Coinbase.

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