Ethereum Hits 24 Hour Trading Volume of $10.69 Billion (ETH)

Ethereum (ETH) traded 2.9% lower against the U.S. dollar during the 1 day period ending at 0:00 AM Eastern on July 2nd. During the last week, Ethereum has traded 1% lower against the U.S. dollar. One Ethereum coin can currently be purchased for $3,358.80 or 0.05512077 BTC on popular cryptocurrency exchanges. Ethereum has a market cap of $403.71 billion and $10.69 billion worth of Ethereum was traded on exchanges in the last 24 hours.

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

• Cardano (ADA) traded 2% higher against the dollar and now trades at $0.42 or 0.00000683 BTC.
• Avalanche (AVAX) traded down 1.2% against the dollar and now trades at $28.26 or 0.00046385 BTC.
• NEAR Protocol (NEAR) traded up 0.7% against the dollar and now trades at $5.41 or 0.00008876 BTC.
• Uniswap (UNI) traded 3.2% lower against the dollar and now trades at $8.87 or 0.00014549 BTC.
• Internet Computer (ICP) traded down 5.2% against the dollar and now trades at $7.69 or 0.00012627 BTC.
• Hedera (HBAR) traded down 2% against the dollar and now trades at $0.0755 or 0.00000124 BTC.
• Cosmos (ATOM) traded down 2.3% against the dollar and now trades at $6.71 or 0.00011016 BTC.
• Cronos (CRO) traded down 2.2% against the dollar and now trades at $0.0895 or 0.00000147 BTC.
• Fetch.ai (FET) traded 4.2% lower against the dollar and now trades at $1.28 or 0.00002098 BTC.
• Algorand (ALGO) traded 1% lower against the dollar and now trades at $0.15 or 0.00000242 BTC.

Ethereum 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 120,193,480 coins. 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. The official message board for Ethereum is forum.ethereum.org. 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.”

Buying and Selling Ethereum

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

ETH/USD price chart by TradingView