Ethereum (ETH) Price Down 5.1% Over Last 7 Days

Ethereum (ETH) traded up 0.4% against the dollar during the 24 hour period ending at 14:00 PM ET on May 2nd. Ethereum has a total market capitalization of $359.76 billion and $15.39 billion worth of Ethereum was traded on exchanges in the last 24 hours. Over the last seven days, Ethereum has traded 5.1% lower against the dollar. One Ethereum coin can now be bought for about $2,995.72 or 0.05048544 BTC on popular exchanges.

Here’s how other cryptocurrencies have performed over the last 24 hours:

• Cardano (ADA) traded up 1.3% against the dollar and now trades at $0.46 or 0.00000768 BTC.
• Avalanche (AVAX) traded 1.7% higher against the dollar and now trades at $33.84 or 0.00057029 BTC.
• NEAR Protocol (NEAR) traded 2.5% lower against the dollar and now trades at $6.13 or 0.00010329 BTC.
• Internet Computer (ICP) traded up 2.4% against the dollar and now trades at $13.41 or 0.00022600 BTC.
• Uniswap (UNI) traded up 1.6% against the dollar and now trades at $7.14 or 0.00012030 BTC.
• Hedera (HBAR) traded down 6% against the dollar and now trades at $0.0991 or 0.00000167 BTC.
• Cronos (CRO) traded 2.1% higher against the dollar and now trades at $0.13 or 0.00000216 BTC.
• Cosmos (ATOM) traded up 3.5% against the dollar and now trades at $8.68 or 0.00014626 BTC.
• Fetch.ai (FET) traded 0.2% lower against the dollar and now trades at $2.01 or 0.00003384 BTC.
• Algorand (ALGO) traded 1.2% higher against the dollar and now trades at $0.18 or 0.00000307 BTC.

About Ethereum

Ethereum (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 120,091,641 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.”

Ethereum Coin Trading

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

ETH/USD price chart by TradingView