Ethereum Trading Down 3.1% This Week (ETH)

Ethereum (ETH) traded 2.4% higher against the dollar during the 1-day period ending at 22:00 PM E.T. on June 15th. During the last week, Ethereum has traded down 3.1% against the dollar. One Ethereum coin can now be bought for $3,564.68 or 0.05391947 BTC on major cryptocurrency exchanges. Ethereum has a market cap of $428.31 billion and $12.38 billion worth of Ethereum was traded on exchanges in the last day.

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

• Cardano (ADA) traded 0.8% higher against the dollar and now trades at $0.41 or 0.00000624 BTC.
• Avalanche (AVAX) traded down 0.5% against the dollar and now trades at $30.02 or 0.00045404 BTC.
• Uniswap (UNI) traded up 8.2% against the dollar and now trades at $11.48 or 0.00017371 BTC.
• NEAR Protocol (NEAR) traded up 0.3% against the dollar and now trades at $5.55 or 0.00008402 BTC.
• Internet Computer (ICP) traded 1.1% lower against the dollar and now trades at $9.12 or 0.00013795 BTC.
• Hedera (HBAR) traded 1.4% lower against the dollar and now trades at $0.0843 or 0.00000128 BTC.
• Cosmos (ATOM) traded 0.5% higher against the dollar and now trades at $7.13 or 0.00010791 BTC.
• Cronos (CRO) traded down 1.7% against the dollar and now trades at $0.0992 or 0.00000150 BTC.
• Fetch.ai (FET) traded 0.8% lower against the dollar and now trades at $1.44 or 0.00002182 BTC.
• Algorand (ALGO) traded 0.9% higher against the dollar and now trades at $0.15 or 0.00000229 BTC.

About Ethereum

ETH is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It launched on July 30th, 2015. Ethereum’s total supply is 120,154,584 coins. Ethereum’s official message board is forum.ethereum.org. The official website for Ethereum is www.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. 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.”

Buying and Selling Ethereum

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

ETH/USD price chart by TradingView