Ethereum Price Hits $3,505.06 (ETH)

Ethereum (ETH) traded 2% lower against the dollar during the 1-day period ending at 16:00 PM Eastern on March 27th. One Ethereum coin can currently be bought for about $3,505.06 or 0.05084063 BTC on exchanges. In the last seven days, Ethereum has traded 1.2% higher against the dollar. Ethereum has a market capitalization of $420.86 billion and approximately $18.48 billion worth of Ethereum was traded on exchanges in the last 24 hours.

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

• Cardano (ADA) traded 2.3% lower against the dollar and now trades at $0.65 or 0.00000937 BTC.
• Avalanche (AVAX) traded down 3.1% against the dollar and now trades at $53.99 or 0.00078315 BTC.
• Internet Computer (ICP) traded down 2.9% against the dollar and now trades at $18.66 or 0.00027060 BTC.
• NEAR Protocol (NEAR) traded 9.5% lower against the dollar and now trades at $7.25 or 0.00010510 BTC.
• Uniswap (UNI) traded 3.2% lower against the dollar and now trades at $12.25 or 0.00017764 BTC.
• Cosmos (ATOM) traded 2.7% higher against the dollar and now trades at $12.54 or 0.00018190 BTC.
• Cronos (CRO) traded 0.1% higher against the dollar and now trades at $0.15 or 0.00000212 BTC.
• Hedera (HBAR) traded down 4.4% against the dollar and now trades at $0.11 or 0.00000165 BTC.
• Fetch.ai (FET) traded 4.6% higher against the dollar and now trades at $3.02 or 0.00004377 BTC.
• Algorand (ALGO) traded 3% lower against the dollar and now trades at $0.27 or 0.00000391 BTC.

Ethereum Coin Profile

Ethereum is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It launched on July 30th, 2015. Ethereum’s total supply is 120,073,215 coins. The official website for Ethereum is www.ethereum.org. 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.

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

ETH/USD price chart by TradingView