Ethereum (ETH) Price Reaches $2,227.19 on Exchanges

Ethereum (ETH) traded 2.2% higher against the U.S. dollar during the 24 hour period ending at 8:00 AM Eastern on March 2nd. Over the last seven days, Ethereum has traded 20.2% lower against the U.S. dollar. Ethereum has a market cap of $268.57 billion and $14.95 billion worth of Ethereum was traded on exchanges in the last day. One Ethereum coin can now be purchased for approximately $2,227.19 or 0.02595850 BTC on exchanges.

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

• Cardano (ADA) traded up 3.9% against the dollar and now trades at $0.66 or 0.00000767 BTC.
• Hedera (HBAR) traded 8% higher against the dollar and now trades at $0.25 or 0.00000291 BTC.
• Avalanche (AVAX) traded up 2.6% against the dollar and now trades at $21.97 or 0.00025605 BTC.
• Uniswap (UNI) traded up 2.5% against the dollar and now trades at $7.50 or 0.00008746 BTC.
• NEAR Protocol (NEAR) traded up 4.5% against the dollar and now trades at $3.25 or 0.00003791 BTC.
• Internet Computer (ICP) traded 4.1% higher against the dollar and now trades at $6.61 or 0.00007704 BTC.
• Algorand (ALGO) traded 3.5% higher against the dollar and now trades at $0.25 or 0.00000289 BTC.
• Cronos (CRO) traded 2.5% higher against the dollar and now trades at $0.0737 or 0.00000086 BTC.
• Cosmos (ATOM) traded up 0.1% against the dollar and now trades at $4.48 or 0.00005220 BTC.
• Fetch.ai (FET) traded 2.4% higher against the dollar and now trades at $0.65 or 0.00000755 BTC.

Ethereum Coin Profile

Ethereum (ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. Its launch date was July 30th, 2015. Ethereum’s total supply is 120,585,638 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 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.

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, Coinbase or GDAX.

ETH/USD price chart by TradingView