Ethereum Price Up 7.2% Over Last Week (ETH)

Ethereum (ETH) traded up 0.5% against the dollar during the 1-day period ending at 10:00 AM Eastern on October 19th. One Ethereum coin can now be purchased for approximately $2,638.26 or 0.03870156 BTC on major cryptocurrency exchanges. In the last week, Ethereum has traded up 7.2% against the dollar. Ethereum has a total market capitalization of $317.61 billion and approximately $12.58 billion worth of Ethereum was traded on exchanges in the last day.

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

• Cardano (ADA) traded 1.2% higher against the dollar and now trades at $0.35 or 0.00000515 BTC.
• Avalanche (AVAX) traded 1% higher against the dollar and now trades at $27.90 or 0.00040933 BTC.
• NEAR Protocol (NEAR) traded down 0% against the dollar and now trades at $4.82 or 0.00007066 BTC.
• Uniswap (UNI) traded 0% higher against the dollar and now trades at $7.42 or 0.00010889 BTC.
• Internet Computer (ICP) traded up 0.7% against the dollar and now trades at $7.98 or 0.00011706 BTC.
• Cronos (CRO) traded up 0.9% against the dollar and now trades at $0.0785 or 0.00000115 BTC.
• Hedera (HBAR) traded up 2.8% against the dollar and now trades at $0.0529 or 0.00000078 BTC.
• Cosmos (ATOM) traded up 1.2% against the dollar and now trades at $4.39 or 0.00006434 BTC.
• Fetch.ai (FET) traded 0.5% higher against the dollar and now trades at $1.40 or 0.00002054 BTC.
• Algorand (ALGO) traded up 1.9% against the dollar and now trades at $0.12 or 0.00000182 BTC.

About 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 120,388,141 coins. The official website for Ethereum is www.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here. The official message board for Ethereum is forum.ethereum.org.

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 US dollars directly can do so using GDAX, Changelly or Coinbase.

ETH/USD price chart by TradingView