Ethereum Achieves Market Capitalization of $376.89 Billion (ETH)

Ethereum (ETH) traded 4.9% lower against the U.S. dollar during the 24-hour period ending at 18:00 PM E.T. on July 4th. One Ethereum coin can currently be bought for approximately $3,135.69 or 0.05383967 BTC on popular cryptocurrency exchanges. In the last week, Ethereum has traded down 9% against the U.S. dollar. Ethereum has a total market capitalization of $376.89 billion and $19.46 billion worth of Ethereum was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• Cardano (ADA) traded 8% lower against the dollar and now trades at $0.38 or 0.00000645 BTC.
• Avalanche (AVAX) traded 5.3% lower against the dollar and now trades at $25.19 or 0.00043256 BTC.
• NEAR Protocol (NEAR) traded down 4.2% against the dollar and now trades at $4.82 or 0.00008272 BTC.
• Uniswap (UNI) traded 7.1% lower against the dollar and now trades at $7.89 or 0.00013542 BTC.
• Internet Computer (ICP) traded down 7.2% against the dollar and now trades at $6.87 or 0.00011789 BTC.
• Hedera (HBAR) traded 5.1% lower against the dollar and now trades at $0.0684 or 0.00000117 BTC.
• Cosmos (ATOM) traded 2.5% lower against the dollar and now trades at $6.16 or 0.00010577 BTC.
• Cronos (CRO) traded 2.6% lower against the dollar and now trades at $0.0864 or 0.00000148 BTC.
• Fetch.ai (FET) traded 4.6% higher against the dollar and now trades at $1.28 or 0.00002196 BTC.
• Algorand (ALGO) traded 4.8% lower against the dollar and now trades at $0.14 or 0.00000233 BTC.

Ethereum Profile

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 120,195,136 coins. 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. Ethereum’s official message board is forum.ethereum.org. Ethereum’s official website 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.”

Ethereum Coin Trading

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

ETH/USD price chart by TradingView