Ethereum Reaches 24-Hour Trading Volume of $15.20 Billion (ETH)

Ethereum (ETH) traded 5.1% lower against the U.S. dollar during the twenty-four hour period ending at 16:00 PM Eastern on August 15th. In the last week, Ethereum has traded down 1.6% against the U.S. dollar. One Ethereum coin can now be bought for about $2,535.35 or 0.04442667 BTC on popular cryptocurrency exchanges. Ethereum has a total market cap of $304.94 billion and $15.20 billion worth of Ethereum was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Cardano (ADA) traded down 3.9% against the dollar and now trades at $0.32 or 0.00000565 BTC.
• Avalanche (AVAX) traded 5.5% lower against the dollar and now trades at $19.97 or 0.00034990 BTC.
• NEAR Protocol (NEAR) traded 5.2% lower against the dollar and now trades at $3.95 or 0.00006918 BTC.
• Uniswap (UNI) traded down 4.9% against the dollar and now trades at $6.10 or 0.00010687 BTC.
• Internet Computer (ICP) traded 3.2% lower against the dollar and now trades at $6.87 or 0.00012046 BTC.
• Cronos (CRO) traded 2.5% lower against the dollar and now trades at $0.0869 or 0.00000152 BTC.
• Hedera (HBAR) traded down 2.9% against the dollar and now trades at $0.0517 or 0.00000091 BTC.
• Cosmos (ATOM) traded 5.4% lower against the dollar and now trades at $4.50 or 0.00007880 BTC.
• Algorand (ALGO) traded 3.5% lower against the dollar and now trades at $0.12 or 0.00000202 BTC.
• Fetch.ai (FET) traded down 6% against the dollar and now trades at $0.82 or 0.00001436 BTC.

Ethereum Profile

ETH is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum’s total supply is 120,277,040 coins. The official message board for Ethereum is forum.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. 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.

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, GDAX or Changelly.

ETH/USD price chart by TradingView