Ethereum (ETH) Market Cap Achieves $376.14 Billion

Ethereum (ETH) traded 0.2% higher against the dollar during the 24 hour period ending at 12:00 PM Eastern on July 12th. Ethereum has a total market capitalization of $376.14 billion and $12.76 billion worth of Ethereum was traded on exchanges in the last 24 hours. One Ethereum coin can currently be purchased for approximately $3,128.99 or 0.05382257 BTC on exchanges. In the last week, Ethereum has traded up 4.8% against the dollar.

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

• Cardano (ADA) traded up 3.6% against the dollar and now trades at $0.41 or 0.00000704 BTC.
• Avalanche (AVAX) traded 0.9% higher against the dollar and now trades at $25.59 or 0.00044020 BTC.
• NEAR Protocol (NEAR) traded up 2.2% against the dollar and now trades at $5.01 or 0.00008613 BTC.
• Uniswap (UNI) traded 3% higher against the dollar and now trades at $8.11 or 0.00013951 BTC.
• Internet Computer (ICP) traded down 1.8% against the dollar and now trades at $7.28 or 0.00012526 BTC.
• Hedera (HBAR) traded up 0.5% against the dollar and now trades at $0.0671 or 0.00000115 BTC.
• Cosmos (ATOM) traded 0.2% lower against the dollar and now trades at $6.03 or 0.00010381 BTC.
• Cronos (CRO) traded 2.2% higher against the dollar and now trades at $0.0877 or 0.00000151 BTC.
• Fetch.ai (FET) traded 2.8% lower against the dollar and now trades at $1.15 or 0.00001985 BTC.
• Algorand (ALGO) traded 1.7% lower against the dollar and now trades at $0.14 or 0.00000236 BTC.

About Ethereum

Ethereum is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. Its launch date was July 30th, 2015. Ethereum’s total supply is 120,211,238 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. Ethereum’s official message board 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.”

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