Ethereum (ETH) Trading Down 10.9% This Week

Ethereum (ETH) traded up 3% against the US dollar during the one day period ending at 8:00 AM E.T. on April 19th. Ethereum has a market capitalization of $373.84 billion and approximately $20.36 billion worth of Ethereum was traded on exchanges in the last 24 hours. One Ethereum coin can currently be purchased for about $3,113.44 or 0.04759853 BTC on major cryptocurrency exchanges. Over the last week, Ethereum has traded down 10.9% against the US dollar.

Here is how other cryptocurrencies have performed over the last 24 hours:

• Cardano (ADA) traded 5.5% higher against the dollar and now trades at $0.47 or 0.00000721 BTC.
• Avalanche (AVAX) traded up 3.5% against the dollar and now trades at $35.58 or 0.00054393 BTC.
• Internet Computer (ICP) traded 12.1% higher against the dollar and now trades at $13.59 or 0.00020772 BTC.
• NEAR Protocol (NEAR) traded 0.5% higher against the dollar and now trades at $5.68 or 0.00008685 BTC.
• Uniswap (UNI) traded 7.8% higher against the dollar and now trades at $7.60 or 0.00011620 BTC.
• Cronos (CRO) traded up 3.7% against the dollar and now trades at $0.13 or 0.00000193 BTC.
• Cosmos (ATOM) traded 2.6% higher against the dollar and now trades at $8.30 or 0.00012685 BTC.
• Hedera (HBAR) traded 4.8% higher against the dollar and now trades at $0.0839 or 0.00000128 BTC.
• Fetch.ai (FET) traded 11.3% higher against the dollar and now trades at $2.18 or 0.00003334 BTC.
• Algorand (ALGO) traded up 3.9% against the dollar and now trades at $0.18 or 0.00000271 BTC.

Ethereum 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 120,073,358 coins. Ethereum’s official website 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. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. Ethereum’s official message board 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 acquire Ethereum using US dollars directly can do so using Gemini, GDAX or Changelly.

ETH/USD price chart by TradingView