Ethereum (ETH) Hits Market Capitalization of $369.15 Billion

Ethereum (ETH) traded up 0.4% against the U.S. dollar during the 1-day period ending at 7:00 AM E.T. on April 17th. One Ethereum coin can currently be purchased for approximately $3,074.43 or 0.04868241 BTC on popular cryptocurrency exchanges. Ethereum has a total market cap of $369.15 billion and approximately $15.49 billion worth of Ethereum was traded on exchanges in the last day. Over the last week, Ethereum has traded down 12.7% against the U.S. dollar.

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

• Cardano (ADA) traded down 1.9% against the dollar and now trades at $0.45 or 0.00000719 BTC.
• Avalanche (AVAX) traded down 1% against the dollar and now trades at $34.44 or 0.00054538 BTC.
• NEAR Protocol (NEAR) traded 7% higher against the dollar and now trades at $5.46 or 0.00008652 BTC.
• Internet Computer (ICP) traded up 0.6% against the dollar and now trades at $12.13 or 0.00019203 BTC.
• Uniswap (UNI) traded 2.5% lower against the dollar and now trades at $7.02 or 0.00011116 BTC.
• Cronos (CRO) traded up 0.1% against the dollar and now trades at $0.12 or 0.00000198 BTC.
• Cosmos (ATOM) traded 0.6% higher against the dollar and now trades at $8.13 or 0.00012871 BTC.
• Hedera (HBAR) traded 0.6% lower against the dollar and now trades at $0.0793 or 0.00000126 BTC.
• Fetch.ai (FET) traded down 1.7% against the dollar and now trades at $2.00 or 0.00003170 BTC.
• Algorand (ALGO) traded down 2.4% against the dollar and now trades at $0.17 or 0.00000272 BTC.

About Ethereum

Ethereum 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 120,071,734 coins. 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. 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.”

Buying and Selling Ethereum

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

ETH/USD price chart by TradingView