Ethereum (ETH) Price Reaches $2,304.39 on Exchanges

Ethereum (ETH) traded down 0.7% against the U.S. dollar during the 1-day period ending at 7:00 AM E.T. on February 3rd. One Ethereum coin can now be bought for about $2,304.39 or 0.05355022 BTC on cryptocurrency exchanges. In the last week, Ethereum has traded 1.7% higher against the U.S. dollar. Ethereum has a market capitalization of $276.95 billion and approximately $6.29 billion worth of Ethereum was traded on exchanges in the last day.

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

  • Cardano (ADA) traded 0.8% higher against the dollar and now trades at $0.52 or 0.00001215 BTC.
  • Avalanche (AVAX) traded down 2% against the dollar and now trades at $35.71 or 0.00082993 BTC.
  • Internet Computer (ICP) traded up 6.7% against the dollar and now trades at $13.52 or 0.00031424 BTC.
  • Uniswap (UNI) traded down 0.9% against the dollar and now trades at $6.16 or 0.00014311 BTC.
  • Cosmos (ATOM) traded 1.3% lower against the dollar and now trades at $9.12 or 0.00021198 BTC.
  • NEAR Protocol (NEAR) traded down 3% against the dollar and now trades at $2.83 or 0.00006579 BTC.
  • Hedera (HBAR) traded 0.8% lower against the dollar and now trades at $0.0691 or 0.00000161 BTC.
  • Cronos (CRO) traded down 0.3% against the dollar and now trades at $0.0815 or 0.00000189 BTC.
  • Algorand (ALGO) traded 2.3% higher against the dollar and now trades at $0.17 or 0.00000389 BTC.
  • Oasis Network (ROSE) traded up 9.3% against the dollar and now trades at $0.12 or 0.00000279 BTC.

Ethereum Profile

Ethereum (CRYPTO:ETH) 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 120,181,697 coins. Ethereum’s official message board is forum.ethereum.org. 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.

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 Gemini, Coinbase or Changelly.

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