Ethereum Price Hits $3,594.30 (ETH)

Ethereum (ETH) traded 1% higher against the dollar during the 1-day period ending at 15:00 PM Eastern on June 16th. Ethereum has a market cap of $431.87 billion and $9.40 billion worth of Ethereum was traded on exchanges in the last 24 hours. One Ethereum coin can currently be purchased for approximately $3,594.30 or 0.05398535 BTC on popular cryptocurrency exchanges. Over the last week, Ethereum has traded 3% lower against the dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

  • Cardano (ADA) traded up 0.7% against the dollar and now trades at $0.41 or 0.00000623 BTC.
  • Avalanche (AVAX) traded 0.9% lower against the dollar and now trades at $29.86 or 0.00044842 BTC.
  • Uniswap (UNI) traded up 0.6% against the dollar and now trades at $11.48 or 0.00017237 BTC.
  • NEAR Protocol (NEAR) traded up 0.4% against the dollar and now trades at $5.64 or 0.00008467 BTC.
  • Internet Computer (ICP) traded 2% higher against the dollar and now trades at $9.31 or 0.00013986 BTC.
  • Hedera (HBAR) traded up 0.3% against the dollar and now trades at $0.0857 or 0.00000129 BTC.
  • Cosmos (ATOM) traded 0.6% higher against the dollar and now trades at $7.18 or 0.00010786 BTC.
  • Cronos (CRO) traded down 2.1% against the dollar and now trades at $0.0988 or 0.00000148 BTC.
  • Fetch.ai (FET) traded 1.2% lower against the dollar and now trades at $1.46 or 0.00002197 BTC.
  • Algorand (ALGO) traded 0.6% higher against the dollar and now trades at $0.15 or 0.00000232 BTC.

Ethereum Profile

ETH is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum’s total supply is 120,154,584 coins. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. The official website for Ethereum is www.ethereum.org. Ethereum’s official message board 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.”

Ethereum Coin Trading

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

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