Ethereum (ETH) Trading 1.1% Higher Over Last 7 Days

Ethereum (ETH) traded up 1.6% against the US dollar during the 24 hour period ending at 22:00 PM ET on October 11th. Over the last week, Ethereum has traded up 1.1% against the US dollar. One Ethereum coin can currently be purchased for approximately $2,442.73 or 0.03894376 BTC on popular exchanges. Ethereum has a market cap of $294.06 billion and approximately $13.51 billion worth of Ethereum was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Cardano (ADA) traded 3.5% higher against the dollar and now trades at $0.35 or 0.00000563 BTC.
• Avalanche (AVAX) traded up 10.9% against the dollar and now trades at $28.88 or 0.00046041 BTC.
• NEAR Protocol (NEAR) traded 3.2% higher against the dollar and now trades at $4.76 or 0.00007589 BTC.
• Uniswap (UNI) traded 2.5% lower against the dollar and now trades at $7.86 or 0.00012531 BTC.
• Internet Computer (ICP) traded 2.7% higher against the dollar and now trades at $8.29 or 0.00013221 BTC.
• Cronos (CRO) traded 2.8% higher against the dollar and now trades at $0.0778 or 0.00000124 BTC.
• Hedera (HBAR) traded up 2.3% against the dollar and now trades at $0.0519 or 0.00000083 BTC.
• Cosmos (ATOM) traded up 3.9% against the dollar and now trades at $4.31 or 0.00006875 BTC.
• Fetch.ai (FET) traded up 6.7% against the dollar and now trades at $1.42 or 0.00002269 BTC.
• Algorand (ALGO) traded 2.4% higher against the dollar and now trades at $0.12 or 0.00000194 BTC.

About Ethereum

ETH is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It launched on July 30th, 2015. Ethereum’s total supply is 120,382,196 coins. The official website for Ethereum is www.ethereum.org. Ethereum’s official message board is forum.ethereum.org. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible 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.”

Ethereum Coin Trading

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

ETH/USD price chart by TradingView