Ethereum Price Hits $3,109.35 on Exchanges (ETH)

Ethereum (ETH) traded up 3.3% against the U.S. dollar during the twenty-four hour period ending at 19:00 PM E.T. on May 3rd. Ethereum has a market cap of $373.41 billion and $12.85 billion worth of Ethereum was traded on exchanges in the last day. One Ethereum coin can now be bought for approximately $3,109.35 or 0.04949933 BTC on popular cryptocurrency exchanges. During the last week, Ethereum has traded 1.2% lower against the U.S. dollar.

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

• Cardano (ADA) traded up 2.2% against the dollar and now trades at $0.47 or 0.00000745 BTC.
• Avalanche (AVAX) traded 5.3% higher against the dollar and now trades at $35.57 or 0.00056630 BTC.
• NEAR Protocol (NEAR) traded 11.5% higher against the dollar and now trades at $6.85 or 0.00010901 BTC.
• Internet Computer (ICP) traded up 0.7% against the dollar and now trades at $13.68 or 0.00021779 BTC.
• Uniswap (UNI) traded up 5.3% against the dollar and now trades at $7.54 or 0.00012008 BTC.
• Hedera (HBAR) traded up 12.4% against the dollar and now trades at $0.11 or 0.00000179 BTC.
• Cronos (CRO) traded up 3.7% against the dollar and now trades at $0.13 or 0.00000212 BTC.
• Cosmos (ATOM) traded 1.7% higher against the dollar and now trades at $8.81 or 0.00014026 BTC.
• Fetch.ai (FET) traded 6.8% higher against the dollar and now trades at $2.16 or 0.00003444 BTC.
• Algorand (ALGO) traded 4.8% higher against the dollar and now trades at $0.19 or 0.00000306 BTC.

Ethereum Profile

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 120,094,013 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.”

Ethereum Coin Trading

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

ETH/USD price chart by TradingView