Ethereum Reaches 24 Hour Volume of $11.20 Billion (ETH)

Ethereum (ETH) traded 0.9% higher against the US dollar during the 1-day period ending at 16:00 PM ET on April 23rd. One Ethereum coin can currently be purchased for $3,217.87 or 0.04840480 BTC on cryptocurrency exchanges. Ethereum has a total market capitalization of $392.72 billion and $11.20 billion worth of Ethereum was traded on exchanges in the last day. During the last week, Ethereum has traded up 5.1% against the US dollar.

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

• Cardano (ADA) traded 2.5% lower against the dollar and now trades at $0.50 or 0.00000758 BTC.
• Avalanche (AVAX) traded down 1.2% against the dollar and now trades at $38.72 or 0.00058244 BTC.
• NEAR Protocol (NEAR) traded down 1.6% against the dollar and now trades at $7.02 or 0.00010552 BTC.
• Internet Computer (ICP) traded 2% lower against the dollar and now trades at $14.64 or 0.00022015 BTC.
• Uniswap (UNI) traded down 0.7% against the dollar and now trades at $8.00 or 0.00012041 BTC.
• Hedera (HBAR) traded up 40.3% against the dollar and now trades at $0.13 or 0.00000190 BTC.
• Cronos (CRO) traded down 0.3% against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cosmos (ATOM) traded 1.7% lower against the dollar and now trades at $8.75 or 0.00013157 BTC.
• Fetch.ai (FET) traded 0.8% higher against the dollar and now trades at $2.46 or 0.00003697 BTC.
• Algorand (ALGO) traded 0.8% lower against the dollar and now trades at $0.19 or 0.00000291 BTC.

Ethereum Profile

Ethereum is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It launched on July 30th, 2015. Ethereum’s total supply is 122,044,085 coins. The official message board for Ethereum is forum.ethereum.org. The official website for Ethereum 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. 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 Changelly, Gemini or GDAX.

ETH/USD price chart by TradingView