Ethereum (ETH) Trading 3.4% Lower Over Last 7 Days

Ethereum (ETH) traded up 6.5% against the US dollar during the 24 hour period ending at 9:00 AM ET on November 6th. Ethereum has a total market cap of $315.54 billion and approximately $37.67 billion worth of Ethereum was traded on exchanges in the last 24 hours. Over the last week, Ethereum has traded down 3.4% against the US dollar. One Ethereum coin can now be purchased for $2,620.38 or 0.03541719 BTC on major exchanges.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Cardano (ADA) traded 7% higher against the dollar and now trades at $0.36 or 0.00000481 BTC.
• Avalanche (AVAX) traded 12.1% higher against the dollar and now trades at $26.44 or 0.00035740 BTC.
• Uniswap (UNI) traded up 29.8% against the dollar and now trades at $9.16 or 0.00012375 BTC.
• NEAR Protocol (NEAR) traded up 7.2% against the dollar and now trades at $4.11 or 0.00005549 BTC.
• Internet Computer (ICP) traded 5.4% higher against the dollar and now trades at $7.62 or 0.00010304 BTC.
• Fetch.ai (FET) traded 12.8% higher against the dollar and now trades at $1.38 or 0.00001872 BTC.
• Cronos (CRO) traded up 17.8% against the dollar and now trades at $0.0849 or 0.00000115 BTC.
• Hedera (HBAR) traded 10.2% higher against the dollar and now trades at $0.0492 or 0.00000067 BTC.
• Cosmos (ATOM) traded up 8% against the dollar and now trades at $4.42 or 0.00005979 BTC.
• Algorand (ALGO) traded 5.3% higher against the dollar and now trades at $0.12 or 0.00000162 BTC.

About Ethereum

ETH 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 120,419,005 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 Coinbase, Gemini or Changelly.

ETH/USD price chart by TradingView