Ethereum Trading Down 2.1% Over Last 7 Days (ETH)

Ethereum (ETH) traded 1.6% lower against the US dollar during the 24 hour period ending at 8:00 AM Eastern on December 28th. One Ethereum coin can now be bought for approximately $3,348.22 or 0.03545859 BTC on cryptocurrency exchanges. Ethereum has a total market cap of $403.35 billion and $18.59 billion worth of Ethereum was traded on exchanges in the last day. During the last week, Ethereum has traded down 2.1% against the US dollar.

Here’s how similar cryptocurrencies have performed during the last day:

• Cardano (ADA) traded down 3.4% against the dollar and now trades at $0.87 or 0.00000920 BTC.
• Avalanche (AVAX) traded down 4.5% against the dollar and now trades at $36.53 or 0.00038684 BTC.
• Hedera (HBAR) traded down 4.4% against the dollar and now trades at $0.27 or 0.00000289 BTC.
• Uniswap (UNI) traded 5.1% lower against the dollar and now trades at $13.22 or 0.00014002 BTC.
• NEAR Protocol (NEAR) traded 1.2% lower against the dollar and now trades at $5.16 or 0.00005466 BTC.
• Internet Computer (ICP) traded 5.2% lower against the dollar and now trades at $10.11 or 0.00010712 BTC.
• Cronos (CRO) traded 4.4% lower against the dollar and now trades at $0.15 or 0.00000156 BTC.
• Fetch.ai (FET) traded down 2.7% against the dollar and now trades at $1.32 or 0.00001396 BTC.
• Algorand (ALGO) traded down 6.3% against the dollar and now trades at $0.33 or 0.00000351 BTC.
• Cosmos (ATOM) traded 3.9% lower against the dollar and now trades at $6.40 or 0.00006783 BTC.

Ethereum Profile

Ethereum (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 120,466,523 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 Twitter account is @ethereum and its Facebook page is accessible here. The official website for Ethereum 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.”

Ethereum Coin Trading

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

ETH/USD price chart by TradingView