Ethereum (ETH) Hits 24 Hour Volume of $17.14 Billion

Ethereum (ETH) traded down 2.1% against the U.S. dollar during the 24 hour period ending at 12:00 PM E.T. on April 17th. Ethereum has a market capitalization of $355.60 billion and approximately $17.14 billion worth of Ethereum was traded on exchanges in the last day. One Ethereum coin can currently be purchased for about $2,961.56 or 0.04909503 BTC on cryptocurrency exchanges. In the last seven days, Ethereum has traded 15.5% lower against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last day:

• Cardano (ADA) traded 1.9% lower against the dollar and now trades at $0.43 or 0.00000718 BTC.
• Avalanche (AVAX) traded 1.1% lower against the dollar and now trades at $32.73 or 0.00054254 BTC.
• NEAR Protocol (NEAR) traded up 2.8% against the dollar and now trades at $5.27 or 0.00008743 BTC.
• Internet Computer (ICP) traded down 0.5% against the dollar and now trades at $11.63 or 0.00019285 BTC.
• Uniswap (UNI) traded 1.3% lower against the dollar and now trades at $6.73 or 0.00011149 BTC.
• Cronos (CRO) traded down 1.1% against the dollar and now trades at $0.12 or 0.00000200 BTC.
• Cosmos (ATOM) traded 0.4% higher against the dollar and now trades at $7.91 or 0.00013110 BTC.
• Hedera (HBAR) traded 0.6% lower against the dollar and now trades at $0.0768 or 0.00000127 BTC.
• Fetch.ai (FET) traded 2.2% lower against the dollar and now trades at $1.91 or 0.00003170 BTC.
• Algorand (ALGO) traded down 1.9% against the dollar and now trades at $0.16 or 0.00000271 BTC.

Ethereum Coin 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 120,071,734 coins. The official website for Ethereum is www.ethereum.org. 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. The official message board for Ethereum is forum.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.”

Buying and Selling Ethereum

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

ETH/USD price chart by TradingView