Ethereum (ETH) Tops 24-Hour Volume of $18.17 Billion

Ethereum (ETH) traded 2.9% lower against the dollar during the 24 hour period ending at 0:00 AM Eastern on April 17th. One Ethereum coin can currently be bought for approximately $3,026.95 or 0.04900359 BTC on popular exchanges. Ethereum has a total market capitalization of $363.45 billion and $18.17 billion worth of Ethereum was traded on exchanges in the last 24 hours. During the last week, Ethereum has traded down 14.9% against the dollar.

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

• Cardano (ADA) traded down 2.2% against the dollar and now trades at $0.45 or 0.00000731 BTC.
• Avalanche (AVAX) traded down 1.9% against the dollar and now trades at $34.45 or 0.00055779 BTC.
• NEAR Protocol (NEAR) traded up 1.4% against the dollar and now trades at $5.47 or 0.00008847 BTC.
• Internet Computer (ICP) traded 1.9% lower against the dollar and now trades at $12.15 or 0.00019674 BTC.
• Uniswap (UNI) traded 1.2% lower against the dollar and now trades at $7.11 or 0.00011510 BTC.
• Cronos (CRO) traded 4.2% lower against the dollar and now trades at $0.12 or 0.00000199 BTC.
• Cosmos (ATOM) traded 0% lower against the dollar and now trades at $8.18 or 0.00013241 BTC.
• Hedera (HBAR) traded down 0.4% against the dollar and now trades at $0.0800 or 0.00000130 BTC.
• Fetch.ai (FET) traded 3.5% lower against the dollar and now trades at $2.00 or 0.00003240 BTC.
• Algorand (ALGO) traded down 2.6% against the dollar and now trades at $0.17 or 0.00000276 BTC.

Ethereum Coin Profile

Ethereum is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It was first traded on July 30th, 2015. Ethereum’s total supply is 120,072,117 coins. The official message board for Ethereum 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. The official website for Ethereum is www.ethereum.org.

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 US dollars directly can do so using GDAX, Changelly or Gemini.

ETH/USD price chart by TradingView