Ethereum One Day Trading Volume Hits $14.15 Billion (ETH)

Ethereum (ETH) traded 1.2% higher against the U.S. dollar during the 1 day period ending at 11:00 AM E.T. on July 29th. One Ethereum coin can now be purchased for about $3,305.72 or 0.04866038 BTC on popular exchanges. Ethereum has a total market capitalization of $397.44 billion and $14.15 billion worth of Ethereum was traded on exchanges in the last day. Over the last seven days, Ethereum has traded down 4.2% against the U.S. dollar.

Here is how other cryptocurrencies have performed over the last day:

• Cardano (ADA) traded down 0.1% against the dollar and now trades at $0.41 or 0.00000600 BTC.
• Avalanche (AVAX) traded 0.2% higher against the dollar and now trades at $27.46 or 0.00040428 BTC.
• NEAR Protocol (NEAR) traded down 1.8% against the dollar and now trades at $5.36 or 0.00007891 BTC.
• Uniswap (UNI) traded up 2% against the dollar and now trades at $7.70 or 0.00011340 BTC.
• Internet Computer (ICP) traded 4.1% lower against the dollar and now trades at $9.12 or 0.00013431 BTC.
• Cosmos (ATOM) traded down 1.5% against the dollar and now trades at $6.19 or 0.00009117 BTC.
• Hedera (HBAR) traded 0.7% lower against the dollar and now trades at $0.0674 or 0.00000099 BTC.
• Cronos (CRO) traded 0.1% higher against the dollar and now trades at $0.0902 or 0.00000133 BTC.
• Fetch.ai (FET) traded 0.2% higher against the dollar and now trades at $1.25 or 0.00001834 BTC.
• Algorand (ALGO) traded up 0.9% against the dollar and now trades at $0.14 or 0.00000207 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 120,228,315 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 website is www.ethereum.org. 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.”

Ethereum Coin Trading

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

ETH/USD price chart by TradingView