Ethereum (ETH) Hits Market Capitalization of $421.74 Billion

Ethereum (ETH) traded down 0.2% against the US dollar during the twenty-four hour period ending at 17:00 PM E.T. on July 21st. During the last week, Ethereum has traded up 8.5% against the US dollar. One Ethereum coin can now be bought for about $3,507.83 or 0.05169277 BTC on cryptocurrency exchanges. Ethereum has a total market capitalization of $421.74 billion and $12.98 billion worth of Ethereum was traded on exchanges in the last day.

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

• Cardano (ADA) traded 0.3% lower against the dollar and now trades at $0.43 or 0.00000641 BTC.
• Avalanche (AVAX) traded up 12.4% against the dollar and now trades at $32.32 or 0.00047624 BTC.
• NEAR Protocol (NEAR) traded up 0.4% against the dollar and now trades at $6.29 or 0.00009269 BTC.
• Internet Computer (ICP) traded 4.1% higher against the dollar and now trades at $10.59 or 0.00015602 BTC.
• Uniswap (UNI) traded 1.4% higher against the dollar and now trades at $8.07 or 0.00011896 BTC.
• Hedera (HBAR) traded down 0.4% against the dollar and now trades at $0.0740 or 0.00000109 BTC.
• Cosmos (ATOM) traded down 0.5% against the dollar and now trades at $6.48 or 0.00009555 BTC.
• Cronos (CRO) traded 1.8% higher against the dollar and now trades at $0.0953 or 0.00000140 BTC.
• Fetch.ai (FET) traded 1.2% higher against the dollar and now trades at $1.47 or 0.00002165 BTC.
• Algorand (ALGO) traded 0.7% higher against the dollar and now trades at $0.16 or 0.00000234 BTC.

About Ethereum

Ethereum (CRYPTO: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 120,228,315 coins. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. Ethereum’s official website is www.ethereum.org. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here. The official message board for Ethereum is forum.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.”

Buying and Selling Ethereum

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

ETH/USD price chart by TradingView