Ethereum (ETH) Reaches 1-Day Trading Volume of $19.43 Billion

Ethereum (ETH) traded up 2.5% against the dollar during the 24-hour period ending at 8:00 AM ET on March 6th. Over the last week, Ethereum has traded 3.9% lower against the dollar. Ethereum has a market capitalization of $272.49 billion and $19.43 billion worth of Ethereum was traded on exchanges in the last day. One Ethereum coin can now be bought for approximately $2,259.57 or 0.02505443 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• Cardano (ADA) traded down 3.7% against the dollar and now trades at $0.94 or 0.00001041 BTC.
• Hedera (HBAR) traded down 2.8% against the dollar and now trades at $0.24 or 0.00000271 BTC.
• Avalanche (AVAX) traded 3.4% higher against the dollar and now trades at $21.67 or 0.00024028 BTC.
• Uniswap (UNI) traded down 0.1% against the dollar and now trades at $7.34 or 0.00008142 BTC.
• NEAR Protocol (NEAR) traded up 8.9% against the dollar and now trades at $3.14 or 0.00003481 BTC.
• Internet Computer (ICP) traded 1.9% higher against the dollar and now trades at $6.31 or 0.00007000 BTC.
• Cronos (CRO) traded 12.4% higher against the dollar and now trades at $0.0885 or 0.00000098 BTC.
• Algorand (ALGO) traded up 0.4% against the dollar and now trades at $0.25 or 0.00000275 BTC.
• Cosmos (ATOM) traded up 3.7% against the dollar and now trades at $4.39 or 0.00004868 BTC.
• Fetch.ai (FET) traded 5.4% higher against the dollar and now trades at $0.64 or 0.00000706 BTC.

About Ethereum

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 120,594,949 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 official website for Ethereum 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.

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 GDAX, Gemini or Changelly.

ETH/USD price chart by TradingView