Ethereum (ETH) 24 Hour Trading Volume Tops $27.01 Billion

Ethereum (ETH) traded up 2.5% against the U.S. dollar during the 1 day period ending at 8:00 AM Eastern on January 17th. Ethereum has a market capitalization of $411.94 billion and $27.01 billion worth of Ethereum was traded on exchanges in the last 24 hours. One Ethereum coin can currently be bought for about $3,418.60 or 0.03333458 BTC on popular cryptocurrency exchanges. During the last seven days, Ethereum has traded up 3.4% against the U.S. dollar.

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

• Cardano (ADA) traded 2.1% higher against the dollar and now trades at $1.12 or 0.00001087 BTC.
• Avalanche (AVAX) traded 3.1% higher against the dollar and now trades at $41.01 or 0.00039988 BTC.
• Hedera (HBAR) traded 1.3% higher against the dollar and now trades at $0.37 or 0.00000361 BTC.
• Uniswap (UNI) traded 3.6% higher against the dollar and now trades at $14.88 or 0.00014508 BTC.
• NEAR Protocol (NEAR) traded up 6% against the dollar and now trades at $5.60 or 0.00005460 BTC.
• Internet Computer (ICP) traded up 1.3% against the dollar and now trades at $11.20 or 0.00010925 BTC.
• Algorand (ALGO) traded down 0.7% against the dollar and now trades at $0.48 or 0.00000464 BTC.
• Cronos (CRO) traded 0.4% higher against the dollar and now trades at $0.14 or 0.00000141 BTC.
• Fetch.ai (FET) traded up 4.1% against the dollar and now trades at $1.40 or 0.00001366 BTC.
• Cosmos (ATOM) traded up 2.4% against the dollar and now trades at $6.86 or 0.00006692 BTC.

About Ethereum

Ethereum (CRYPTO:ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. Its launch date was July 30th, 2015. Ethereum’s total supply is 120,500,593 coins. The official website for Ethereum 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. 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.”

Buying and Selling Ethereum

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

ETH/USD price chart by TradingView