Ethereum Hits Market Capitalization of $373.84 Billion (ETH)

Ethereum (ETH) traded up 3% against the U.S. dollar during the 24 hour period ending at 8:00 AM E.T. on April 19th. One Ethereum coin can now be purchased for about $3,113.44 or 0.04759853 BTC on popular cryptocurrency exchanges. Over the last week, Ethereum has traded down 10.9% against the U.S. dollar. Ethereum has a market cap of $373.84 billion and approximately $20.36 billion worth of Ethereum was traded on exchanges in the last 24 hours.

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

• Cardano (ADA) traded 5.5% higher against the dollar and now trades at $0.47 or 0.00000721 BTC.
• Avalanche (AVAX) traded up 3.5% against the dollar and now trades at $35.58 or 0.00054393 BTC.
• Internet Computer (ICP) traded up 12.1% against the dollar and now trades at $13.59 or 0.00020772 BTC.
• NEAR Protocol (NEAR) traded 0.5% higher against the dollar and now trades at $5.68 or 0.00008685 BTC.
• Uniswap (UNI) traded 7.8% higher against the dollar and now trades at $7.60 or 0.00011620 BTC.
• Cronos (CRO) traded up 3.7% against the dollar and now trades at $0.13 or 0.00000193 BTC.
• Cosmos (ATOM) traded up 2.6% against the dollar and now trades at $8.30 or 0.00012685 BTC.
• Hedera (HBAR) traded up 4.8% against the dollar and now trades at $0.0839 or 0.00000128 BTC.
• Fetch.ai (FET) traded up 11.3% against the dollar and now trades at $2.18 or 0.00003334 BTC.
• Algorand (ALGO) traded 3.9% higher against the dollar and now trades at $0.18 or 0.00000271 BTC.

Ethereum Coin Profile

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 120,073,358 coins. The official website for Ethereum is www.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. 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.

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 US dollars directly can do so using Gemini, GDAX or Coinbase.

ETH/USD price chart by TradingView