Ethereum (ETH) Reaches Market Cap of $290.28 Billion

Ethereum (ETH) traded 2.5% higher against the US dollar during the 1-day period ending at 14:00 PM E.T. on September 13th. Ethereum has a total market capitalization of $290.28 billion and $12.57 billion worth of Ethereum was traded on exchanges in the last day. During the last seven days, Ethereum has traded up 7.7% against the US dollar. One Ethereum coin can now be bought for about $2,412.32 or 0.04050586 BTC on major exchanges.

Here is how other cryptocurrencies have performed during the last day:

• Cardano (ADA) traded up 1.2% against the dollar and now trades at $0.36 or 0.00000605 BTC.
• Avalanche (AVAX) traded 3.2% higher against the dollar and now trades at $24.61 or 0.00041320 BTC.
• NEAR Protocol (NEAR) traded up 0.3% against the dollar and now trades at $4.27 or 0.00007173 BTC.
• Uniswap (UNI) traded up 3.2% against the dollar and now trades at $6.93 or 0.00011630 BTC.
• Internet Computer (ICP) traded 1.9% higher against the dollar and now trades at $8.64 or 0.00014511 BTC.
• Cronos (CRO) traded up 4.1% against the dollar and now trades at $0.0822 or 0.00000138 BTC.
• Hedera (HBAR) traded 4.1% higher against the dollar and now trades at $0.0524 or 0.00000088 BTC.
• Cosmos (ATOM) traded 3.2% higher against the dollar and now trades at $4.22 or 0.00007094 BTC.
• Fetch.ai (FET) traded down 1.5% against the dollar and now trades at $1.38 or 0.00002323 BTC.
• Algorand (ALGO) traded up 2.3% against the dollar and now trades at $0.13 or 0.00000222 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 120,332,633 coins. 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 message board is forum.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.”

Buying and Selling Ethereum

Investors seeking to acquire Ethereum using US dollars directly can do so using GDAX, Changelly or Gemini.

ETH/USD price chart by TradingView