Ethereum (ETH) Trading Up 1.1% Over Last 7 Days

Ethereum (ETH) traded up 1.2% against the dollar during the 24-hour period ending at 15:00 PM E.T. on May 26th. In the last week, Ethereum has traded 1.1% higher against the dollar. Ethereum has a market capitalization of $220.52 billion and $5.60 billion worth of Ethereum was traded on exchanges in the last day. One Ethereum coin can currently be bought for $1,833.76 or 0.06847244 BTC on major cryptocurrency exchanges.

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

• Cardano (ADA) traded up 1% against the dollar and now trades at $0.36 or 0.00001359 BTC.
• Avalanche (AVAX) traded up 0.6% against the dollar and now trades at $14.31 or 0.00053449 BTC.
• Cosmos (ATOM) traded up 0.2% against the dollar and now trades at $10.56 or 0.00039433 BTC.
• Uniswap (UNI) traded 0.5% higher against the dollar and now trades at $5.00 or 0.00018654 BTC.
• Internet Computer (ICP) traded 0.1% higher against the dollar and now trades at $4.86 or 0.00018148 BTC.
• Hedera (HBAR) traded up 0.9% against the dollar and now trades at $0.0516 or 0.00000193 BTC.
• Cronos (CRO) traded up 0.7% against the dollar and now trades at $0.0602 or 0.00000225 BTC.
• NEAR Protocol (NEAR) traded up 1% against the dollar and now trades at $1.60 or 0.00005959 BTC.
• Algorand (ALGO) traded down 0.1% against the dollar and now trades at $0.15 or 0.00000563 BTC.
• Kava (KAVA) traded 0.8% higher against the dollar and now trades at $1.12 or 0.00004190 BTC.

About Ethereum

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 120,258,106 coins. Ethereum’s official message board 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. The official website for Ethereum is www.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible 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 acquire Ethereum using US dollars directly can do so using Gemini, Changelly or Coinbase.

ETH/USD price chart by TradingView