Ethereum (ETH) Price Reaches $2,368.87 on Major Exchanges

Ethereum (ETH) traded down 3.3% against the U.S. dollar during the 1 day period ending at 19:00 PM E.T. on October 9th. One Ethereum coin can now be bought for approximately $2,368.87 or 0.03904877 BTC on popular exchanges. Ethereum has a total market capitalization of $285.16 billion and $14.80 billion worth of Ethereum was traded on exchanges in the last day. During the last week, Ethereum has traded 0.2% higher against the U.S. dollar.

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

• Cardano (ADA) traded down 2.1% against the dollar and now trades at $0.34 or 0.00000556 BTC.
• Avalanche (AVAX) traded down 2.5% against the dollar and now trades at $25.85 or 0.00042616 BTC.
• NEAR Protocol (NEAR) traded 6.4% lower against the dollar and now trades at $4.59 or 0.00007572 BTC.
• Uniswap (UNI) traded down 0.2% against the dollar and now trades at $7.15 or 0.00011779 BTC.
• Internet Computer (ICP) traded 2.9% lower against the dollar and now trades at $7.78 or 0.00012825 BTC.
• Cronos (CRO) traded 2.5% lower against the dollar and now trades at $0.0744 or 0.00000123 BTC.
• Hedera (HBAR) traded 4.5% lower against the dollar and now trades at $0.0501 or 0.00000083 BTC.
• Cosmos (ATOM) traded 3% lower against the dollar and now trades at $4.22 or 0.00006953 BTC.
• Fetch.ai (FET) traded down 6.5% against the dollar and now trades at $1.34 or 0.00002209 BTC.
• Algorand (ALGO) traded down 2.5% against the dollar and now trades at $0.12 or 0.00000195 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 120,379,988 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 official message board for Ethereum is forum.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 Coinbase, Gemini or GDAX.

ETH/USD price chart by TradingView