Ethereum Hits 1-Day Volume of $7.82 Billion (ETH)

Ethereum (ETH) traded up 0.5% against the U.S. dollar during the 24-hour period ending at 10:00 AM Eastern on August 4th. One Ethereum coin can currently be purchased for about $1,860.34 or 0.02922922 BTC on major exchanges. Ethereum has a total market capitalization of $224.51 billion and approximately $7.82 billion worth of Ethereum was traded on exchanges in the last day. In the last week, Ethereum has traded down 0.8% against the U.S. dollar.

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

• Cardano (ADA) traded up 0.7% against the dollar and now trades at $0.19 or 0.00000301 BTC.
• Cronos (CRO) traded down 0.8% against the dollar and now trades at $0.0544 or 0.00000085 BTC.
• Hedera (HBAR) traded up 0.3% against the dollar and now trades at $0.0693 or 0.00000109 BTC.
• Avalanche (AVAX) traded 2.8% higher against the dollar and now trades at $6.70 or 0.00010530 BTC.
• Uniswap (UNI) traded down 6.8% against the dollar and now trades at $3.80 or 0.00005978 BTC.
• NEAR Protocol (NEAR) traded 0.8% lower against the dollar and now trades at $1.72 or 0.00002710 BTC.
• Internet Computer (ICP) traded up 0.1% against the dollar and now trades at $2.08 or 0.00003275 BTC.
• Algorand (ALGO) traded 3.3% higher against the dollar and now trades at $0.0900 or 0.00000141 BTC.
• Cosmos (ATOM) traded 5.6% higher against the dollar and now trades at $1.37 or 0.00002147 BTC.
• Beldex (BDX) traded up 0.1% against the dollar and now trades at $0.0819 or 0.00000129 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 120,682,210 coins. 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 official website for Ethereum 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 initially gained recognition through initial coin offerings (ICOs).”

Buying and Selling Ethereum

Investors seeking to trade Ethereum using U.S. dollars directly can do so using Gemini, Changelly or GDAX.

ETH/USD price chart by TradingView