Ethereum Price Tops $2,442.17 on Exchanges (ETH)

Ethereum (ETH) traded 0.4% higher against the dollar during the twenty-four hour period ending at 15:00 PM ET on November 5th. Over the last seven days, Ethereum has traded 7.8% lower against the dollar. One Ethereum coin can currently be purchased for approximately $2,442.17 or 0.03494288 BTC on exchanges. Ethereum has a market capitalization of $294.08 billion and $18.73 billion worth of Ethereum was traded on exchanges in the last day.

Here’s how similar cryptocurrencies have performed over the last day:

• Cardano (ADA) traded up 2.2% against the dollar and now trades at $0.34 or 0.00000480 BTC.
• Avalanche (AVAX) traded up 5.1% against the dollar and now trades at $24.15 or 0.00034558 BTC.
• NEAR Protocol (NEAR) traded 5.3% higher against the dollar and now trades at $3.82 or 0.00005471 BTC.
• Uniswap (UNI) traded up 4.5% against the dollar and now trades at $7.14 or 0.00010219 BTC.
• Internet Computer (ICP) traded up 4% against the dollar and now trades at $7.39 or 0.00010569 BTC.
• Fetch.ai (FET) traded up 10.5% against the dollar and now trades at $1.25 or 0.00001786 BTC.
• Cronos (CRO) traded 2.4% higher against the dollar and now trades at $0.0726 or 0.00000104 BTC.
• Hedera (HBAR) traded 6.7% higher against the dollar and now trades at $0.0457 or 0.00000065 BTC.
• Cosmos (ATOM) traded up 6.1% against the dollar and now trades at $4.17 or 0.00005967 BTC.
• Algorand (ALGO) traded 5.4% higher against the dollar and now trades at $0.11 or 0.00000165 BTC.

Ethereum Profile

Ethereum (CRYPTO: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 120,416,991 coins. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed 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 acquire Ethereum using US dollars directly can do so using Gemini, GDAX or Coinbase.

ETH/USD price chart by TradingView