Ethereum Price Reaches $2,259.57 (ETH)

Ethereum (ETH) traded 2.5% higher against the US dollar during the 1 day period ending at 8:00 AM E.T. on March 6th. One Ethereum coin can currently be purchased for $2,259.57 or 0.02505443 BTC on major exchanges. Ethereum has a market capitalization of $272.49 billion and approximately $19.43 billion worth of Ethereum was traded on exchanges in the last 24 hours. In the last week, Ethereum has traded 3.9% lower against the US dollar.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Cardano (ADA) traded 3.7% lower against the dollar and now trades at $0.94 or 0.00001041 BTC.
• Hedera (HBAR) traded 2.8% lower against the dollar and now trades at $0.24 or 0.00000271 BTC.
• Avalanche (AVAX) traded 3.4% higher against the dollar and now trades at $21.67 or 0.00024028 BTC.
• Uniswap (UNI) traded 0.1% lower against the dollar and now trades at $7.34 or 0.00008142 BTC.
• NEAR Protocol (NEAR) traded 8.9% higher against the dollar and now trades at $3.14 or 0.00003481 BTC.
• Internet Computer (ICP) traded 1.9% higher against the dollar and now trades at $6.31 or 0.00007000 BTC.
• Cronos (CRO) traded 12.4% higher against the dollar and now trades at $0.0885 or 0.00000098 BTC.
• Algorand (ALGO) traded 0.4% higher against the dollar and now trades at $0.25 or 0.00000275 BTC.
• Cosmos (ATOM) traded up 3.7% against the dollar and now trades at $4.39 or 0.00004868 BTC.
• Fetch.ai (FET) traded 5.4% higher against the dollar and now trades at $0.64 or 0.00000706 BTC.

About Ethereum

Ethereum (CRYPTO:ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum’s total supply is 120,594,949 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 website is www.ethereum.org. 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