Ethereum (ETH) Tops 24-Hour Volume of $14.74 Billion

Ethereum (ETH) traded down 0.3% against the U.S. dollar during the one day period ending at 8:00 AM E.T. on January 5th. Ethereum has a total market cap of $435.83 billion and approximately $14.74 billion worth of Ethereum was traded on exchanges in the last 24 hours. One Ethereum coin can now be purchased for $3,617.59 or 0.03696551 BTC on popular cryptocurrency exchanges. In the last week, Ethereum has traded 6.8% higher against the U.S. dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Cardano (ADA) traded up 0.6% against the dollar and now trades at $1.08 or 0.00001100 BTC.
• Avalanche (AVAX) traded down 0.1% against the dollar and now trades at $41.71 or 0.00042674 BTC.
• Hedera (HBAR) traded down 2.3% against the dollar and now trades at $0.30 or 0.00000307 BTC.
• Uniswap (UNI) traded 0.4% lower against the dollar and now trades at $15.08 or 0.00015425 BTC.
• NEAR Protocol (NEAR) traded 2.3% lower against the dollar and now trades at $5.70 or 0.00005836 BTC.
• Internet Computer (ICP) traded down 2.8% against the dollar and now trades at $11.97 or 0.00012243 BTC.
• Cronos (CRO) traded down 2.3% against the dollar and now trades at $0.16 or 0.00000163 BTC.
• Fetch.ai (FET) traded down 1.3% against the dollar and now trades at $1.48 or 0.00001510 BTC.
• Algorand (ALGO) traded down 2.4% against the dollar and now trades at $0.40 or 0.00000411 BTC.
• Cosmos (ATOM) traded down 1.1% against the dollar and now trades at $7.26 or 0.00007430 BTC.

Ethereum Coin Profile

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 120,474,080 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. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible 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 acquire Ethereum using U.S. dollars directly can do so using Gemini, GDAX or Coinbase.

ETH/USD price chart by TradingView