Ethereum (ETH) Achieves Market Cap of $286.42 Billion

Ethereum (ETH) traded 3% lower against the U.S. dollar during the one day period ending at 13:00 PM Eastern on September 5th. During the last week, Ethereum has traded 7.6% lower against the U.S. dollar. Ethereum has a total market capitalization of $286.42 billion and $12.98 billion worth of Ethereum was traded on exchanges in the last day. One Ethereum coin can now be purchased for $2,380.59 or 0.04228912 BTC on popular exchanges.

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

• Cardano (ADA) traded 0.3% higher against the dollar and now trades at $0.32 or 0.00000576 BTC.
• Avalanche (AVAX) traded 1.9% lower against the dollar and now trades at $21.58 or 0.00038331 BTC.
• NEAR Protocol (NEAR) traded down 3.2% against the dollar and now trades at $3.77 or 0.00006693 BTC.
• Uniswap (UNI) traded 2% lower against the dollar and now trades at $6.24 or 0.00011087 BTC.
• Internet Computer (ICP) traded down 4.5% against the dollar and now trades at $7.30 or 0.00012963 BTC.
• Cronos (CRO) traded down 1.5% against the dollar and now trades at $0.0774 or 0.00000138 BTC.
• Hedera (HBAR) traded 3.3% lower against the dollar and now trades at $0.0483 or 0.00000086 BTC.
• Cosmos (ATOM) traded down 4.3% against the dollar and now trades at $3.91 or 0.00006940 BTC.
• Fetch.ai (FET) traded down 5.1% against the dollar and now trades at $1.08 or 0.00001921 BTC.
• Algorand (ALGO) traded 5% lower against the dollar and now trades at $0.12 or 0.00000208 BTC.

About Ethereum

Ethereum 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 120,315,124 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 U.S. dollars directly can do so using Changelly, Gemini or GDAX.

ETH/USD price chart by TradingView