Ethereum Achieves Market Capitalization of $376.89 Billion (ETH)

Ethereum (ETH) traded down 4.9% against the U.S. dollar during the 24-hour period ending at 18:00 PM Eastern on July 4th. Ethereum has a total market cap of $376.89 billion and $19.46 billion worth of Ethereum was traded on exchanges in the last day. One Ethereum coin can currently be bought for approximately $3,135.69 or 0.05383967 BTC on cryptocurrency exchanges. During the last week, Ethereum has traded 9% lower against the U.S. dollar.

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

• Cardano (ADA) traded 8% lower against the dollar and now trades at $0.38 or 0.00000645 BTC.
• Avalanche (AVAX) traded 5.3% lower against the dollar and now trades at $25.19 or 0.00043256 BTC.
• NEAR Protocol (NEAR) traded 4.2% lower against the dollar and now trades at $4.82 or 0.00008272 BTC.
• Uniswap (UNI) traded down 7.1% against the dollar and now trades at $7.89 or 0.00013542 BTC.
• Internet Computer (ICP) traded down 7.2% against the dollar and now trades at $6.87 or 0.00011789 BTC.
• Hedera (HBAR) traded 5.1% lower against the dollar and now trades at $0.0684 or 0.00000117 BTC.
• Cosmos (ATOM) traded 2.5% lower against the dollar and now trades at $6.16 or 0.00010577 BTC.
• Cronos (CRO) traded 2.6% lower against the dollar and now trades at $0.0864 or 0.00000148 BTC.
• Fetch.ai (FET) traded up 4.6% against the dollar and now trades at $1.28 or 0.00002196 BTC.
• Algorand (ALGO) traded down 4.8% against the dollar and now trades at $0.14 or 0.00000233 BTC.

Ethereum Profile

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 120,195,136 coins. The official message board for Ethereum is forum.ethereum.org. The official website for Ethereum is www.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. 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 Coinbase, GDAX or Gemini.

ETH/USD price chart by TradingView