Ethereum Market Capitalization Tops $272.51 Billion (ETH)

Ethereum (ETH) traded 2.1% higher against the U.S. dollar during the twenty-four hour period ending at 19:00 PM E.T. on September 7th. One Ethereum coin can now be bought for $2,264.86 or 0.04198564 BTC on major exchanges. Ethereum has a market cap of $272.51 billion and $11.35 billion worth of Ethereum was traded on exchanges in the last 24 hours. During the last seven days, Ethereum has traded down 10% against the U.S. dollar.

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

• Cardano (ADA) traded 3.2% higher against the dollar and now trades at $0.32 or 0.00000600 BTC.
• Avalanche (AVAX) traded 2.6% higher against the dollar and now trades at $21.67 or 0.00040167 BTC.
• NEAR Protocol (NEAR) traded up 2.6% against the dollar and now trades at $3.63 or 0.00006726 BTC.
• Uniswap (UNI) traded up 5% against the dollar and now trades at $6.39 or 0.00011846 BTC.
• Internet Computer (ICP) traded 0.1% lower against the dollar and now trades at $7.00 or 0.00012977 BTC.
• Cronos (CRO) traded up 1.7% against the dollar and now trades at $0.0757 or 0.00000140 BTC.
• Hedera (HBAR) traded 2.4% higher against the dollar and now trades at $0.0480 or 0.00000089 BTC.
• Cosmos (ATOM) traded down 2.2% against the dollar and now trades at $3.65 or 0.00006764 BTC.
• Fetch.ai (FET) traded down 0.8% against the dollar and now trades at $1.05 or 0.00001953 BTC.
• Algorand (ALGO) traded up 4.7% against the dollar and now trades at $0.12 or 0.00000223 BTC.

Ethereum Coin Profile

Ethereum (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 120,319,073 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. Ethereum’s official website 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.”

Ethereum Coin Trading

Investors seeking to acquire Ethereum using U.S. dollars directly can do so using Changelly, Gemini or Coinbase.

ETH/USD price chart by TradingView