Ethereum Hits 24 Hour Trading Volume of $12.47 Billion (ETH)

Ethereum (ETH) traded up 1.3% against the US dollar during the one day period ending at 15:00 PM Eastern on July 1st. In the last week, Ethereum has traded 5.3% higher against the US dollar. One Ethereum coin can currently be purchased for $3,466.70 or 0.05489767 BTC on major exchanges. Ethereum has a total market capitalization of $416.66 billion and approximately $12.47 billion worth of Ethereum was traded on exchanges in the last day.

Here’s how related cryptocurrencies have performed in the last day:

• Cardano (ADA) traded up 4.8% against the dollar and now trades at $0.40 or 0.00000640 BTC.
• Avalanche (AVAX) traded 3.9% higher against the dollar and now trades at $29.44 or 0.00046623 BTC.
• NEAR Protocol (NEAR) traded up 0.8% against the dollar and now trades at $5.35 or 0.00008465 BTC.
• Uniswap (UNI) traded 1.7% higher against the dollar and now trades at $9.33 or 0.00014771 BTC.
• Internet Computer (ICP) traded 2.7% higher against the dollar and now trades at $8.24 or 0.00013054 BTC.
• Hedera (HBAR) traded up 1.1% against the dollar and now trades at $0.0763 or 0.00000121 BTC.
• Cosmos (ATOM) traded up 2.8% against the dollar and now trades at $6.81 or 0.00010778 BTC.
• Cronos (CRO) traded 1.4% higher against the dollar and now trades at $0.0921 or 0.00000146 BTC.
• Fetch.ai (FET) traded down 3.3% against the dollar and now trades at $1.37 or 0.00002168 BTC.
• Algorand (ALGO) traded 4% higher against the dollar and now trades at $0.15 or 0.00000235 BTC.

Ethereum Profile

Ethereum (CRYPTO:ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum’s total supply is 120,189,344 coins. 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 message board for Ethereum is forum.ethereum.org. Ethereum’s official website 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.”

Buying and Selling Ethereum

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

ETH/USD price chart by TradingView