Ethereum Hits Market Cap of $371.11 Billion (ETH)

Ethereum (ETH) traded 0.8% higher against the U.S. dollar during the twenty-four hour period ending at 16:00 PM Eastern on April 19th. Ethereum has a total market capitalization of $371.11 billion and $19.66 billion worth of Ethereum was traded on exchanges in the last day. Over the last week, Ethereum has traded 4.7% lower against the U.S. dollar. One Ethereum coin can currently be purchased for about $3,090.71 or 0.04821246 BTC on cryptocurrency exchanges.

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

• Cardano (ADA) traded 3.6% higher against the dollar and now trades at $0.47 or 0.00000735 BTC.
• Avalanche (AVAX) traded up 0.6% against the dollar and now trades at $35.12 or 0.00054780 BTC.
• Internet Computer (ICP) traded 12% higher against the dollar and now trades at $14.17 or 0.00022102 BTC.
• NEAR Protocol (NEAR) traded down 2.4% against the dollar and now trades at $5.58 or 0.00008702 BTC.
• Uniswap (UNI) traded up 3.9% against the dollar and now trades at $7.57 or 0.00011815 BTC.
• Cronos (CRO) traded 1.8% higher against the dollar and now trades at $0.12 or 0.00000195 BTC.
• Cosmos (ATOM) traded 0.2% lower against the dollar and now trades at $8.25 or 0.00012872 BTC.
• Hedera (HBAR) traded down 0.1% against the dollar and now trades at $0.0821 or 0.00000128 BTC.
• Fetch.ai (FET) traded up 3.1% against the dollar and now trades at $2.13 or 0.00003321 BTC.
• Algorand (ALGO) traded 1.1% higher against the dollar and now trades at $0.18 or 0.00000275 BTC.

Ethereum Profile

ETH is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It launched on July 30th, 2015. Ethereum’s total supply is 120,073,358 coins. 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. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible 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 US dollars directly can do so using Changelly, Gemini or Coinbase.

ETH/USD price chart by TradingView