Ethereum Hits 24-Hour Volume of $14.85 Billion (ETH)

Ethereum (ETH) traded up 3% against the dollar during the 24 hour period ending at 20:00 PM ET on October 4th. Ethereum has a total market cap of $291.33 billion and approximately $14.85 billion worth of Ethereum was traded on exchanges in the last day. In the last week, Ethereum has traded 10.3% lower against the dollar. One Ethereum coin can now be purchased for $2,420.20 or 0.03893062 BTC on major exchanges.

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

• Cardano (ADA) traded 1.6% higher against the dollar and now trades at $0.35 or 0.00000566 BTC.
• Avalanche (AVAX) traded up 6.7% against the dollar and now trades at $26.30 or 0.00042300 BTC.
• NEAR Protocol (NEAR) traded up 4.2% against the dollar and now trades at $4.84 or 0.00007793 BTC.
• Uniswap (UNI) traded 2.3% higher against the dollar and now trades at $6.72 or 0.00010806 BTC.
• Internet Computer (ICP) traded 4.1% higher against the dollar and now trades at $8.36 or 0.00013442 BTC.
• Cronos (CRO) traded 2.7% higher against the dollar and now trades at $0.0813 or 0.00000131 BTC.
• Hedera (HBAR) traded up 6.3% against the dollar and now trades at $0.0550 or 0.00000088 BTC.
• Cosmos (ATOM) traded up 5.6% against the dollar and now trades at $4.64 or 0.00007456 BTC.
• Fetch.ai (FET) traded 7.3% higher against the dollar and now trades at $1.47 or 0.00002371 BTC.
• Algorand (ALGO) traded up 3.2% against the dollar and now trades at $0.13 or 0.00000203 BTC.

Ethereum Coin Profile

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 120,373,387 coins. Ethereum’s official message board 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 trade Ethereum using US dollars directly can do so using GDAX, Coinbase or Gemini.

ETH/USD price chart by TradingView