Ethereum (ETH) Trading 9.4% Higher Over Last Week

Ethereum (ETH) traded down 0.1% against the US dollar during the one day period ending at 10:00 AM Eastern on August 14th. One Ethereum coin can now be bought for about $2,670.33 or 0.04462647 BTC on popular exchanges. Ethereum has a market capitalization of $321.17 billion and $16.36 billion worth of Ethereum was traded on exchanges in the last 24 hours. Over the last week, Ethereum has traded up 9.4% against the US dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Cardano (ADA) traded down 0.3% against the dollar and now trades at $0.34 or 0.00000562 BTC.
• Avalanche (AVAX) traded 0.9% higher against the dollar and now trades at $21.21 or 0.00035439 BTC.
• NEAR Protocol (NEAR) traded 2.8% higher against the dollar and now trades at $4.19 or 0.00007000 BTC.
• Uniswap (UNI) traded up 1.6% against the dollar and now trades at $6.32 or 0.00010563 BTC.
• Internet Computer (ICP) traded 0.4% higher against the dollar and now trades at $7.17 or 0.00011979 BTC.
• Cronos (CRO) traded 3% higher against the dollar and now trades at $0.0906 or 0.00000151 BTC.
• Hedera (HBAR) traded 1.3% higher against the dollar and now trades at $0.0538 or 0.00000090 BTC.
• Cosmos (ATOM) traded down 2.5% against the dollar and now trades at $4.83 or 0.00008078 BTC.
• Algorand (ALGO) traded 0.3% higher against the dollar and now trades at $0.12 or 0.00000199 BTC.
• Fetch.ai (FET) traded 3% higher against the dollar and now trades at $0.89 or 0.00001480 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 120,274,778 coins. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. The official message board for Ethereum 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 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.”

Buying and Selling Ethereum

Investors seeking to acquire Ethereum using US dollars directly can do so using Changelly, Gemini or Coinbase.

ETH/USD price chart by TradingView