Ethereum (ETH) Market Cap Achieves $254.53 Billion

Ethereum (ETH) traded 1.5% lower against the U.S. dollar during the 24 hour period ending at 8:00 AM Eastern on March 10th. Ethereum has a total market cap of $254.53 billion and $25.11 billion worth of Ethereum was traded on exchanges in the last day. One Ethereum coin can currently be purchased for $2,110.43 or 0.02546736 BTC on exchanges. During the last seven days, Ethereum has traded down 10.5% against the U.S. dollar.

Here is how related cryptocurrencies have performed during the last day:

• Cardano (ADA) traded 3.8% lower against the dollar and now trades at $0.75 or 0.00000902 BTC.
• Hedera (HBAR) traded 2.7% lower against the dollar and now trades at $0.21 or 0.00000252 BTC.
• Avalanche (AVAX) traded down 4.3% against the dollar and now trades at $18.80 or 0.00022684 BTC.
• Uniswap (UNI) traded down 2.1% against the dollar and now trades at $6.72 or 0.00008110 BTC.
• NEAR Protocol (NEAR) traded down 4.7% against the dollar and now trades at $2.63 or 0.00003177 BTC.
• Internet Computer (ICP) traded down 2% against the dollar and now trades at $5.67 or 0.00006839 BTC.
• Cronos (CRO) traded 2.8% lower against the dollar and now trades at $0.0844 or 0.00000102 BTC.
• Algorand (ALGO) traded 2.7% lower against the dollar and now trades at $0.21 or 0.00000252 BTC.
• Cosmos (ATOM) traded up 0% against the dollar and now trades at $4.01 or 0.00004835 BTC.
• Fetch.ai (FET) traded up 0.7% against the dollar and now trades at $0.55 or 0.00000662 BTC.

About Ethereum

Ethereum (CRYPTO:ETH) 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 120,604,783 coins. 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. Ethereum’s official message board is forum.ethereum.org. The official website for Ethereum 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 acquire Ethereum using U.S. dollars directly can do so using Changelly, Gemini or GDAX.

ETH/USD price chart by TradingView