Ethereum Hits One Day Trading Volume of $9.76 Billion (ETH)

Ethereum (ETH) traded 1.8% lower against the dollar during the one day period ending at 12:00 PM Eastern on September 8th. One Ethereum coin can currently be bought for about $2,261.21 or 0.04197734 BTC on popular exchanges. Ethereum has a total market capitalization of $272.07 billion and approximately $9.76 billion worth of Ethereum was traded on exchanges in the last day. In the last seven days, Ethereum has traded down 8.4% against the dollar.

Here is how similar cryptocurrencies have performed in the last day:

• Cardano (ADA) traded up 2.7% against the dollar and now trades at $0.33 or 0.00000620 BTC.
• Avalanche (AVAX) traded up 2.8% against the dollar and now trades at $22.55 or 0.00041853 BTC.
• NEAR Protocol (NEAR) traded 0.2% lower against the dollar and now trades at $3.69 or 0.00006842 BTC.
• Uniswap (UNI) traded 3% lower against the dollar and now trades at $6.28 or 0.00011666 BTC.
• Internet Computer (ICP) traded 1.1% higher against the dollar and now trades at $7.25 or 0.00013453 BTC.
• Cronos (CRO) traded 0.5% higher against the dollar and now trades at $0.0775 or 0.00000144 BTC.
• Hedera (HBAR) traded up 0.2% against the dollar and now trades at $0.0489 or 0.00000091 BTC.
• Cosmos (ATOM) traded 1% lower against the dollar and now trades at $3.71 or 0.00006891 BTC.
• Fetch.ai (FET) traded down 1.6% against the dollar and now trades at $1.07 or 0.00001980 BTC.
• Algorand (ALGO) traded up 2.7% against the dollar and now trades at $0.13 or 0.00000233 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 120,321,429 coins. Ethereum’s official website 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 Changelly, Gemini or GDAX.

ETH/USD price chart by TradingView