Ethereum Tops 24 Hour Volume of $19.46 Billion (ETH)

Ethereum (ETH) traded up 3.5% against the US dollar during the one day period ending at 22:00 PM ET on October 28th. One Ethereum coin can now be purchased for about $2,581.07 or 0.03685656 BTC on cryptocurrency exchanges. Over the last seven days, Ethereum has traded down 2.4% against the US dollar. Ethereum has a market capitalization of $310.77 billion and $19.46 billion worth of Ethereum was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Cardano (ADA) traded 2.3% higher against the dollar and now trades at $0.35 or 0.00000494 BTC.
• Avalanche (AVAX) traded 2.6% higher against the dollar and now trades at $26.29 or 0.00037543 BTC.
• NEAR Protocol (NEAR) traded up 1.7% against the dollar and now trades at $4.35 or 0.00006212 BTC.
• Uniswap (UNI) traded 4.1% higher against the dollar and now trades at $7.83 or 0.00011187 BTC.
• Internet Computer (ICP) traded 1.6% higher against the dollar and now trades at $7.90 or 0.00011275 BTC.
• Cronos (CRO) traded 1% higher against the dollar and now trades at $0.0746 or 0.00000106 BTC.
• Hedera (HBAR) traded up 0.6% against the dollar and now trades at $0.0488 or 0.00000070 BTC.
• Cosmos (ATOM) traded up 1% against the dollar and now trades at $4.47 or 0.00006385 BTC.
• Fetch.ai (FET) traded up 2.6% against the dollar and now trades at $1.29 or 0.00001847 BTC.
• Algorand (ALGO) traded up 3.7% against the dollar and now trades at $0.12 or 0.00000170 BTC.

Ethereum Profile

ETH is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It was first traded on July 30th, 2015. Ethereum’s total supply is 120,404,809 coins. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here. Ethereum’s official website is www.ethereum.org. The official message board for Ethereum is forum.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible 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.”

Buying and Selling Ethereum

Investors seeking to trade Ethereum using US dollars directly can do so using Gemini, Coinbase or GDAX.

ETH/USD price chart by TradingView