Ethereum 24 Hour Trading Volume Reaches $12.16 Billion (ETH)

Ethereum (ETH) traded up 0.7% against the dollar during the one day period ending at 23:00 PM E.T. on August 19th. One Ethereum coin can now be purchased for about $2,655.59 or 0.04388438 BTC on exchanges. In the last seven days, Ethereum has traded down 2.2% against the dollar. Ethereum has a total market capitalization of $319.44 billion and $12.16 billion worth of Ethereum was traded on exchanges in the last day.

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

• Cardano (ADA) traded 2.4% higher against the dollar and now trades at $0.34 or 0.00000566 BTC.
• Avalanche (AVAX) traded up 3.9% against the dollar and now trades at $21.68 or 0.00035825 BTC.
• NEAR Protocol (NEAR) traded 4.9% higher against the dollar and now trades at $4.09 or 0.00006753 BTC.
• Uniswap (UNI) traded up 1% against the dollar and now trades at $6.28 or 0.00010378 BTC.
• Internet Computer (ICP) traded up 2.5% against the dollar and now trades at $7.30 or 0.00012065 BTC.
• Cronos (CRO) traded up 1.4% against the dollar and now trades at $0.0873 or 0.00000144 BTC.
• Hedera (HBAR) traded 3.1% higher against the dollar and now trades at $0.0548 or 0.00000091 BTC.
• Cosmos (ATOM) traded up 3% against the dollar and now trades at $4.70 or 0.00007772 BTC.
• Algorand (ALGO) traded 5% higher against the dollar and now trades at $0.12 or 0.00000206 BTC.
• Fetch.ai (FET) traded up 12.3% against the dollar and now trades at $0.91 or 0.00001505 BTC.

About Ethereum

Ethereum 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 120,288,941 coins. 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. Ethereum’s official message board is forum.ethereum.org. Ethereum’s official website is www.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 trade Ethereum using US dollars directly can do so using Gemini, Changelly or Coinbase.

ETH/USD price chart by TradingView