Ethereum (ETH) Trading 4.4% Lower This Week

Ethereum (ETH) traded down 3.6% against the U.S. dollar during the 24 hour period ending at 0:00 AM Eastern on July 3rd. During the last week, Ethereum has traded 4.4% lower against the U.S. dollar. One Ethereum coin can currently be bought for $3,231.51 or 0.05486363 BTC on popular exchanges. Ethereum has a total market cap of $388.41 billion and approximately $17.89 billion worth of Ethereum was traded on exchanges in the last 24 hours.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Cardano (ADA) traded 4% lower against the dollar and now trades at $0.39 or 0.00000670 BTC.
• Avalanche (AVAX) traded 6.8% lower against the dollar and now trades at $26.00 or 0.00044141 BTC.
• NEAR Protocol (NEAR) traded 7.3% lower against the dollar and now trades at $4.96 or 0.00008421 BTC.
• Uniswap (UNI) traded down 6.1% against the dollar and now trades at $8.28 or 0.00014063 BTC.
• Internet Computer (ICP) traded down 7.1% against the dollar and now trades at $7.11 or 0.00012076 BTC.
• Hedera (HBAR) traded down 4.9% against the dollar and now trades at $0.0712 or 0.00000121 BTC.
• Cosmos (ATOM) traded down 5.5% against the dollar and now trades at $6.30 or 0.00010703 BTC.
• Cronos (CRO) traded down 2.3% against the dollar and now trades at $0.0875 or 0.00000149 BTC.
• Fetch.ai (FET) traded down 4.4% against the dollar and now trades at $1.23 or 0.00002085 BTC.
• Algorand (ALGO) traded 5.7% lower against the dollar and now trades at $0.14 or 0.00000235 BTC.

Ethereum Profile

Ethereum (CRYPTO:ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It was first traded on July 30th, 2015. Ethereum’s total supply is 120,195,136 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 trade Ethereum using US dollars directly can do so using Gemini, Coinbase or Changelly.

ETH/USD price chart by TradingView