Ethereum Price Hits $2,242.40 on Exchanges (ETH)

Ethereum (ETH) traded down 6.2% against the dollar during the 1-day period ending at 0:00 AM ET on September 6th. One Ethereum coin can currently be purchased for about $2,242.40 or 0.04160384 BTC on popular exchanges. Ethereum has a market cap of $269.80 billion and $25.71 billion worth of Ethereum was traded on exchanges in the last 24 hours. During the last seven days, Ethereum has traded down 11.2% against the dollar.

Here is how related cryptocurrencies have performed during the last 24 hours:

• Cardano (ADA) traded 2.9% lower against the dollar and now trades at $0.32 or 0.00000595 BTC.
• Avalanche (AVAX) traded 1.9% lower against the dollar and now trades at $21.24 or 0.00039415 BTC.
• NEAR Protocol (NEAR) traded down 3.8% against the dollar and now trades at $3.57 or 0.00006625 BTC.
• Uniswap (UNI) traded 1.9% lower against the dollar and now trades at $6.17 or 0.00011453 BTC.
• Internet Computer (ICP) traded 3.2% lower against the dollar and now trades at $7.03 or 0.00013052 BTC.
• Cronos (CRO) traded 2.2% lower against the dollar and now trades at $0.0760 or 0.00000141 BTC.
• Hedera (HBAR) traded 2.1% lower against the dollar and now trades at $0.0472 or 0.00000088 BTC.
• Cosmos (ATOM) traded down 5.7% against the dollar and now trades at $3.69 or 0.00006841 BTC.
• Fetch.ai (FET) traded 2.2% lower against the dollar and now trades at $1.06 or 0.00001958 BTC.
• Algorand (ALGO) traded down 1.6% against the dollar and now trades at $0.12 or 0.00000217 BTC.

Ethereum Coin Profile

ETH is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It was first traded on July 30th, 2015. Ethereum’s total supply is 120,319,073 coins. Ethereum’s official message board is forum.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. Ethereum’s official website is www.ethereum.org. 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.”

Ethereum Coin Trading

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

ETH/USD price chart by TradingView