Ethereum Trading 5.3% Higher This Week (ETH)

Ethereum (ETH) traded 2.5% higher against the dollar during the 1-day period ending at 16:00 PM E.T. on April 28th. In the last seven days, Ethereum has traded up 5.3% against the dollar. Ethereum has a total market cap of $404.82 billion and $11.12 billion worth of Ethereum was traded on exchanges in the last 24 hours. One Ethereum coin can now be bought for about $3,316.76 or 0.05204635 BTC on cryptocurrency exchanges.

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

• Cardano (ADA) traded up 1.2% against the dollar and now trades at $0.47 or 0.00000737 BTC.
• Avalanche (AVAX) traded up 2.2% against the dollar and now trades at $35.06 or 0.00055014 BTC.
• NEAR Protocol (NEAR) traded down 4.3% against the dollar and now trades at $7.17 or 0.00011246 BTC.
• Internet Computer (ICP) traded up 5.8% against the dollar and now trades at $13.94 or 0.00021878 BTC.
• Uniswap (UNI) traded up 1.1% against the dollar and now trades at $7.98 or 0.00012520 BTC.
• Hedera (HBAR) traded 1.2% lower against the dollar and now trades at $0.11 or 0.00000167 BTC.
• Cronos (CRO) traded up 3.1% against the dollar and now trades at $0.13 or 0.00000206 BTC.
• Cosmos (ATOM) traded 0.1% lower against the dollar and now trades at $8.36 or 0.00013126 BTC.
• Fetch.ai (FET) traded up 4.2% against the dollar and now trades at $2.25 or 0.00003532 BTC.
• Algorand (ALGO) traded 0% higher against the dollar and now trades at $0.20 or 0.00000312 BTC.

Ethereum Coin Profile

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 122,053,054 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 Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here. 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.”

Buying and Selling Ethereum

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

ETH/USD price chart by TradingView