Ethereum (ETH) Price Tops $2,740.72 on Exchanges

Ethereum (ETH) traded down 2.3% against the US dollar during the one day period ending at 8:00 AM ET on February 22nd. Ethereum has a market capitalization of $330.44 billion and $32.94 billion worth of Ethereum was traded on exchanges in the last 24 hours. One Ethereum coin can now be purchased for about $2,740.72 or 0.02829199 BTC on cryptocurrency exchanges. Over the last seven days, Ethereum has traded up 1% against the US dollar.

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

• Cardano (ADA) traded 3.8% lower against the dollar and now trades at $0.77 or 0.00000796 BTC.
• Avalanche (AVAX) traded 1.2% lower against the dollar and now trades at $25.59 or 0.00026417 BTC.
• Hedera (HBAR) traded down 4.2% against the dollar and now trades at $0.22 or 0.00000223 BTC.
• Uniswap (UNI) traded 5.8% lower against the dollar and now trades at $8.92 or 0.00009207 BTC.
• NEAR Protocol (NEAR) traded 0.5% lower against the dollar and now trades at $3.56 or 0.00003676 BTC.
• Internet Computer (ICP) traded 2.9% lower against the dollar and now trades at $7.16 or 0.00007396 BTC.
• Cronos (CRO) traded down 1.9% against the dollar and now trades at $0.0857 or 0.00000088 BTC.
• Algorand (ALGO) traded down 4.9% against the dollar and now trades at $0.27 or 0.00000275 BTC.
• Fetch.ai (FET) traded down 1.6% against the dollar and now trades at $0.79 or 0.00000820 BTC.
• Cosmos (ATOM) traded down 3.3% against the dollar and now trades at $4.85 or 0.00005008 BTC.

Ethereum Profile

ETH is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It was first traded on July 30th, 2015. Ethereum’s total supply is 120,566,328 coins. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. Ethereum’s official website is www.ethereum.org. 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.

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 trade Ethereum using US dollars directly can do so using Gemini, Coinbase or GDAX.

ETH/USD price chart by TradingView