Ethereum Trading Up 1.1% This Week (ETH)

Ethereum (ETH) traded 1.3% lower against the dollar during the 1 day period ending at 12:00 PM ET on June 20th. Ethereum has a market cap of $426.19 billion and $16.26 billion worth of Ethereum was traded on exchanges in the last day. Over the last seven days, Ethereum has traded up 1.1% against the dollar. One Ethereum coin can currently be bought for $3,485.46 or 0.05396569 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Cardano (ADA) traded down 1.1% against the dollar and now trades at $0.38 or 0.00000589 BTC.
• Avalanche (AVAX) traded down 0.2% against the dollar and now trades at $27.11 or 0.00041978 BTC.
• Uniswap (UNI) traded down 2% against the dollar and now trades at $9.86 or 0.00015267 BTC.
• NEAR Protocol (NEAR) traded 2.6% higher against the dollar and now trades at $5.05 or 0.00007824 BTC.
• Internet Computer (ICP) traded 0.7% higher against the dollar and now trades at $8.24 or 0.00012757 BTC.
• Hedera (HBAR) traded 1.3% higher against the dollar and now trades at $0.0811 or 0.00000125 BTC.
• Cosmos (ATOM) traded 0.2% lower against the dollar and now trades at $6.84 or 0.00010592 BTC.
• Cronos (CRO) traded 0.4% lower against the dollar and now trades at $0.0933 or 0.00000144 BTC.
• Fetch.ai (FET) traded 17.7% higher against the dollar and now trades at $1.60 or 0.00002471 BTC.
• Algorand (ALGO) traded down 0.2% against the dollar and now trades at $0.14 or 0.00000214 BTC.

About Ethereum

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 122,275,219 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.”

Buying and Selling Ethereum

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

ETH/USD price chart by TradingView