Ethereum (ETH) Price Hits $3,122.39 on Major Exchanges

Ethereum (ETH) traded down 5.5% against the US dollar during the 1 day period ending at 12:00 PM Eastern on July 4th. One Ethereum coin can currently be purchased for about $3,122.39 or 0.05391611 BTC on major cryptocurrency exchanges. Ethereum has a total market capitalization of $375.30 billion and $20.59 billion worth of Ethereum was traded on exchanges in the last day. Over the last week, Ethereum has traded 9.5% lower against the US dollar.

Here is how other cryptocurrencies have performed over the last day:

• Cardano (ADA) traded 5.8% lower against the dollar and now trades at $0.38 or 0.00000661 BTC.
• Avalanche (AVAX) traded 5.8% lower against the dollar and now trades at $25.37 or 0.00043809 BTC.
• NEAR Protocol (NEAR) traded down 6.9% against the dollar and now trades at $4.78 or 0.00008247 BTC.
• Uniswap (UNI) traded down 7.3% against the dollar and now trades at $7.99 or 0.00013795 BTC.
• Internet Computer (ICP) traded down 9.9% against the dollar and now trades at $6.84 or 0.00011817 BTC.
• Hedera (HBAR) traded down 6% against the dollar and now trades at $0.0690 or 0.00000119 BTC.
• Cosmos (ATOM) traded down 4.6% against the dollar and now trades at $6.17 or 0.00010655 BTC.
• Cronos (CRO) traded 5.1% lower against the dollar and now trades at $0.0858 or 0.00000148 BTC.
• Fetch.ai (FET) traded 1.2% lower against the dollar and now trades at $1.24 or 0.00002138 BTC.
• Algorand (ALGO) traded down 6.7% against the dollar and now trades at $0.14 or 0.00000233 BTC.

About Ethereum

Ethereum is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It launched on July 30th, 2015. Ethereum’s total supply is 120,195,136 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.”

Buying and Selling Ethereum

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

ETH/USD price chart by TradingView