Ethereum Hits 1-Day Trading Volume of $19.24 Billion (ETH)

Ethereum (ETH) traded 0.2% higher against the U.S. dollar during the one day period ending at 20:00 PM Eastern on April 16th. During the last week, Ethereum has traded 12.1% lower against the U.S. dollar. Ethereum has a total market cap of $370.00 billion and approximately $19.24 billion worth of Ethereum was traded on exchanges in the last day. One Ethereum coin can currently be purchased for $3,081.50 or 0.04832377 BTC on popular exchanges.

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

• Cardano (ADA) traded 0.7% lower against the dollar and now trades at $0.46 or 0.00000715 BTC.
• Avalanche (AVAX) traded down 0.6% against the dollar and now trades at $34.47 or 0.00054061 BTC.
• NEAR Protocol (NEAR) traded 6.3% higher against the dollar and now trades at $5.45 or 0.00008549 BTC.
• Internet Computer (ICP) traded down 0.5% against the dollar and now trades at $12.21 or 0.00019150 BTC.
• Uniswap (UNI) traded down 0.3% against the dollar and now trades at $7.12 or 0.00011161 BTC.
• Cronos (CRO) traded up 0% against the dollar and now trades at $0.13 or 0.00000198 BTC.
• Cosmos (ATOM) traded 1% higher against the dollar and now trades at $8.14 or 0.00012759 BTC.
• Hedera (HBAR) traded 1.4% higher against the dollar and now trades at $0.0793 or 0.00000124 BTC.
• Fetch.ai (FET) traded up 3.1% against the dollar and now trades at $2.08 or 0.00003267 BTC.
• Algorand (ALGO) traded 2.3% higher against the dollar and now trades at $0.17 or 0.00000271 BTC.

About Ethereum

Ethereum 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 120,070,408 coins. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. 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. 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 acquire Ethereum using U.S. dollars directly can do so using Coinbase, Changelly or Gemini.

ETH/USD price chart by TradingView