Ethereum (ETH) Reaches One Day Trading Volume of $14.27 Billion

Ethereum (ETH) traded 3.6% lower against the U.S. dollar during the one day period ending at 12:00 PM ET on October 23rd. During the last seven days, Ethereum has traded 3% lower against the U.S. dollar. One Ethereum coin can currently be bought for about $2,525.43 or 0.03827648 BTC on major cryptocurrency exchanges. Ethereum has a total market capitalization of $304.05 billion and $14.27 billion worth of Ethereum was traded on exchanges in the last day.

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

• Cardano (ADA) traded 4% lower against the dollar and now trades at $0.35 or 0.00000528 BTC.
• Avalanche (AVAX) traded down 5% against the dollar and now trades at $26.37 or 0.00039966 BTC.
• NEAR Protocol (NEAR) traded down 2.9% against the dollar and now trades at $4.53 or 0.00006871 BTC.
• Uniswap (UNI) traded 5.1% lower against the dollar and now trades at $7.65 or 0.00011602 BTC.
• Internet Computer (ICP) traded 1.8% higher against the dollar and now trades at $8.06 or 0.00012209 BTC.
• Cronos (CRO) traded 2.3% lower against the dollar and now trades at $0.0753 or 0.00000114 BTC.
• Hedera (HBAR) traded 2% lower against the dollar and now trades at $0.0508 or 0.00000077 BTC.
• Cosmos (ATOM) traded down 2.4% against the dollar and now trades at $4.63 or 0.00007020 BTC.
• Fetch.ai (FET) traded down 3.7% against the dollar and now trades at $1.30 or 0.00001970 BTC.
• Algorand (ALGO) traded 3.5% lower against the dollar and now trades at $0.12 or 0.00000181 BTC.

Ethereum Coin Profile

ETH is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. Its launch date was July 30th, 2015. Ethereum’s total supply is 120,394,490 coins. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. The official message board for Ethereum is forum.ethereum.org. The official website for Ethereum 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.

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 U.S. dollars directly can do so using Changelly, Gemini or Coinbase.

ETH/USD price chart by TradingView