Ethereum (ETH) 1-Day Volume Hits $21.26 Billion

Ethereum (ETH) traded 5% higher against the U.S. dollar during the 24 hour period ending at 10:00 AM E.T. on October 29th. In the last week, Ethereum has traded up 0.7% against the U.S. dollar. Ethereum has a market capitalization of $317.49 billion and $21.26 billion worth of Ethereum was traded on exchanges in the last day. One Ethereum coin can currently be purchased for approximately $2,636.83 or 0.03673720 BTC on major cryptocurrency exchanges.

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

  • Cardano (ADA) traded 2.8% higher against the dollar and now trades at $0.35 or 0.00000485 BTC.
  • Avalanche (AVAX) traded 2.4% higher against the dollar and now trades at $26.68 or 0.00037170 BTC.
  • NEAR Protocol (NEAR) traded up 6% against the dollar and now trades at $4.46 or 0.00006216 BTC.
  • Uniswap (UNI) traded up 5% against the dollar and now trades at $7.86 or 0.00010951 BTC.
  • Internet Computer (ICP) traded 4.5% higher against the dollar and now trades at $8.10 or 0.00011283 BTC.
  • Cronos (CRO) traded 2.3% higher against the dollar and now trades at $0.0757 or 0.00000106 BTC.
  • Hedera (HBAR) traded up 1.9% against the dollar and now trades at $0.0496 or 0.00000069 BTC.
  • Cosmos (ATOM) traded up 2.3% against the dollar and now trades at $4.51 or 0.00006289 BTC.
  • Fetch.ai (FET) traded 8.3% higher against the dollar and now trades at $1.34 or 0.00001871 BTC.
  • Algorand (ALGO) traded up 5.3% against the dollar and now trades at $0.12 or 0.00000169 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 120,404,809 coins. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. 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.

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, Changelly or GDAX.

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