Ethereum Price Hits $2,653.40 on Major Exchanges (ETH)

Ethereum (ETH) traded up 1.6% against the US dollar during the 1 day period ending at 18:00 PM Eastern on August 18th. During the last week, Ethereum has traded up 3.8% against the US dollar. Ethereum has a market cap of $319.16 billion and $8.81 billion worth of Ethereum was traded on exchanges in the last 24 hours. One Ethereum coin can currently be bought for $2,653.40 or 0.04460524 BTC on major cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• Cardano (ADA) traded 1% higher against the dollar and now trades at $0.34 or 0.00000570 BTC.
• Avalanche (AVAX) traded up 3.4% against the dollar and now trades at $21.29 or 0.00035796 BTC.
• NEAR Protocol (NEAR) traded up 0.6% against the dollar and now trades at $4.01 or 0.00006744 BTC.
• Uniswap (UNI) traded 2.3% lower against the dollar and now trades at $6.23 or 0.00010477 BTC.
• Internet Computer (ICP) traded up 1.3% against the dollar and now trades at $7.31 or 0.00012287 BTC.
• Cronos (CRO) traded 1.1% lower against the dollar and now trades at $0.0872 or 0.00000147 BTC.
• Hedera (HBAR) traded up 2.6% against the dollar and now trades at $0.0540 or 0.00000091 BTC.
• Cosmos (ATOM) traded down 0.5% against the dollar and now trades at $4.62 or 0.00007760 BTC.
• Algorand (ALGO) traded up 1.7% against the dollar and now trades at $0.12 or 0.00000202 BTC.
• Fetch.ai (FET) traded 0.5% higher against the dollar and now trades at $0.84 or 0.00001411 BTC.

About Ethereum

Ethereum 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 120,284,052 coins. 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. The official website for Ethereum is www.ethereum.org. 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 Changelly, GDAX or Gemini.

ETH/USD price chart by TradingView