Ethereum Price Tops $3,418.60 on Major Exchanges (ETH)

Ethereum (ETH) traded up 2.5% against the U.S. dollar during the 1 day period ending at 8:00 AM ET on January 17th. In the last seven days, Ethereum has traded 3.4% higher against the U.S. dollar. Ethereum has a total market cap of $411.94 billion and approximately $27.01 billion worth of Ethereum was traded on exchanges in the last day. One Ethereum coin can currently be bought for about $3,418.60 or 0.03333458 BTC on major cryptocurrency exchanges.

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

• Cardano (ADA) traded up 2.1% against the dollar and now trades at $1.12 or 0.00001087 BTC.
• Avalanche (AVAX) traded 3.1% higher against the dollar and now trades at $41.01 or 0.00039988 BTC.
• Hedera (HBAR) traded 1.3% higher against the dollar and now trades at $0.37 or 0.00000361 BTC.
• Uniswap (UNI) traded up 3.6% against the dollar and now trades at $14.88 or 0.00014508 BTC.
• NEAR Protocol (NEAR) traded up 6% against the dollar and now trades at $5.60 or 0.00005460 BTC.
• Internet Computer (ICP) traded up 1.3% against the dollar and now trades at $11.20 or 0.00010925 BTC.
• Algorand (ALGO) traded 0.7% lower against the dollar and now trades at $0.48 or 0.00000464 BTC.
• Cronos (CRO) traded 0.4% higher against the dollar and now trades at $0.14 or 0.00000141 BTC.
• Fetch.ai (FET) traded 4.1% higher against the dollar and now trades at $1.40 or 0.00001366 BTC.
• Cosmos (ATOM) traded 2.4% higher against the dollar and now trades at $6.86 or 0.00006692 BTC.

Ethereum Profile

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 120,500,593 coins. The official website for Ethereum is www.ethereum.org. Ethereum’s official message board 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.

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, Changelly or GDAX.

ETH/USD price chart by TradingView