Ethereum (ETH) Tops 24 Hour Trading Volume of $26.64 Billion

Ethereum (ETH) traded 5.9% lower against the dollar during the 1 day period ending at 11:00 AM ET on January 20th. During the last seven days, Ethereum has traded 3.6% lower against the dollar. Ethereum has a total market capitalization of $365.20 billion and $26.64 billion worth of Ethereum was traded on exchanges in the last 24 hours. One Ethereum coin can now be purchased for approximately $3,025.86 or 0.03343879 BTC on major exchanges.

Here is how similar cryptocurrencies have performed during the last 24 hours:

• Cardano (ADA) traded 2% lower against the dollar and now trades at $0.36 or 0.00000398 BTC.
• Cronos (CRO) traded down 0.7% against the dollar and now trades at $0.0927 or 0.00000102 BTC.
• Avalanche (AVAX) traded down 2.3% against the dollar and now trades at $12.41 or 0.00013717 BTC.
• Hedera (HBAR) traded 2.7% lower against the dollar and now trades at $0.11 or 0.00000118 BTC.
• Uniswap (UNI) traded down 3.8% against the dollar and now trades at $4.80 or 0.00005307 BTC.
• Internet Computer (ICP) traded down 5.7% against the dollar and now trades at $3.73 or 0.00004119 BTC.
• NEAR Protocol (NEAR) traded down 2.2% against the dollar and now trades at $1.53 or 0.00001690 BTC.
• Cosmos (ATOM) traded down 1.6% against the dollar and now trades at $2.34 or 0.00002590 BTC.
• Algorand (ALGO) traded down 2% against the dollar and now trades at $0.12 or 0.00000129 BTC.
• Beldex (BDX) traded 1% lower against the dollar and now trades at $0.0867 or 0.00000096 BTC.

About Ethereum

Ethereum is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It was first traded on July 30th, 2015. Ethereum’s total supply is 120,694,565 coins. The official message board for Ethereum is forum.ethereum.org. Ethereum’s official website is www.ethereum.org. 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.

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 initially gained recognition through initial coin offerings (ICOs).”

Buying and Selling Ethereum

Investors seeking to acquire Ethereum using U.S. dollars directly can do so using Gemini, GDAX or Changelly.

ETH/USD price chart by TradingView