Ethereum (ETH) Reaches Market Cap of $389.14 Billion

Ethereum (ETH) traded 12.1% lower against the US dollar during the 1-day period ending at 8:00 AM Eastern on December 20th. In the last week, Ethereum has traded down 17.8% against the US dollar. One Ethereum coin can currently be bought for $3,230.64 or 0.03442587 BTC on major exchanges. Ethereum has a total market cap of $389.14 billion and approximately $75.47 billion worth of Ethereum was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed in the last 24 hours:

• Cardano (ADA) traded 14.4% lower against the dollar and now trades at $0.83 or 0.00000883 BTC.
• Avalanche (AVAX) traded 15.7% lower against the dollar and now trades at $35.78 or 0.00038127 BTC.
• Hedera (HBAR) traded 12.9% lower against the dollar and now trades at $0.26 or 0.00000272 BTC.
• Uniswap (UNI) traded down 20.1% against the dollar and now trades at $11.86 or 0.00012637 BTC.
• NEAR Protocol (NEAR) traded down 15.8% against the dollar and now trades at $4.80 or 0.00005118 BTC.
• Internet Computer (ICP) traded 13.6% lower against the dollar and now trades at $9.53 or 0.00010157 BTC.
• Cronos (CRO) traded down 15.8% against the dollar and now trades at $0.15 or 0.00000162 BTC.
• Fetch.ai (FET) traded 14% lower against the dollar and now trades at $1.21 or 0.00001287 BTC.
• Algorand (ALGO) traded down 16.8% against the dollar and now trades at $0.31 or 0.00000329 BTC.
• Cosmos (ATOM) traded 15.8% lower against the dollar and now trades at $6.23 or 0.00006637 BTC.

Ethereum Profile

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 120,453,165 coins. The official message board for Ethereum is forum.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. 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.”

Ethereum Coin Trading

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

ETH/USD price chart by TradingView