Ethereum (ETH) Price Tops $2,638.28 on Major Exchanges

Ethereum (ETH) traded 0.6% lower against the US dollar during the 24 hour period ending at 8:00 AM E.T. on February 10th. One Ethereum coin can currently be purchased for $2,638.28 or 0.02711921 BTC on major cryptocurrency exchanges. Ethereum has a market capitalization of $318.01 billion and $20.45 billion worth of Ethereum was traded on exchanges in the last day. In the last week, Ethereum has traded 2.2% higher against the US dollar.

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

• Cardano (ADA) traded 0% lower against the dollar and now trades at $0.69 or 0.00000714 BTC.
• Avalanche (AVAX) traded up 1.4% against the dollar and now trades at $25.31 or 0.00026019 BTC.
• Hedera (HBAR) traded 1.1% higher against the dollar and now trades at $0.24 or 0.00000243 BTC.
• Uniswap (UNI) traded 0.7% lower against the dollar and now trades at $9.12 or 0.00009371 BTC.
• NEAR Protocol (NEAR) traded 2.8% lower against the dollar and now trades at $3.21 or 0.00003302 BTC.
• Internet Computer (ICP) traded 1.1% higher against the dollar and now trades at $7.06 or 0.00007261 BTC.
• Cronos (CRO) traded down 2.5% against the dollar and now trades at $0.0926 or 0.00000095 BTC.
• Algorand (ALGO) traded 4% higher against the dollar and now trades at $0.29 or 0.00000295 BTC.
• Fetch.ai (FET) traded 1.9% higher against the dollar and now trades at $0.77 or 0.00000796 BTC.
• Cosmos (ATOM) traded up 1.4% against the dollar and now trades at $4.68 or 0.00004811 BTC.

Ethereum Coin Profile

Ethereum (ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It launched on July 30th, 2015. Ethereum’s total supply is 120,538,207 coins. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. 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. 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 trade Ethereum using US dollars directly can do so using Coinbase, Gemini or Changelly.

ETH/USD price chart by TradingView