Ethereum Price Down 4% Over Last Week (ETH)

Ethereum (ETH) traded 0.6% lower against the dollar during the 1-day period ending at 12:00 PM Eastern on October 24th. One Ethereum coin can currently be purchased for approximately $2,514.42 or 0.03732516 BTC on major cryptocurrency exchanges. Ethereum has a total market cap of $302.73 billion and $18.66 billion worth of Ethereum was traded on exchanges in the last 24 hours. During the last seven days, Ethereum has traded 4% lower against the dollar.

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

• Cardano (ADA) traded down 1.8% against the dollar and now trades at $0.34 or 0.00000509 BTC.
• Avalanche (AVAX) traded up 1.3% against the dollar and now trades at $26.73 or 0.00039685 BTC.
• NEAR Protocol (NEAR) traded 1.9% higher against the dollar and now trades at $4.62 or 0.00006864 BTC.
• Uniswap (UNI) traded 4.7% higher against the dollar and now trades at $7.99 or 0.00011868 BTC.
• Internet Computer (ICP) traded 1.7% higher against the dollar and now trades at $8.24 or 0.00012231 BTC.
• Cronos (CRO) traded up 0.3% against the dollar and now trades at $0.0757 or 0.00000112 BTC.
• Hedera (HBAR) traded 1% higher against the dollar and now trades at $0.0514 or 0.00000076 BTC.
• Cosmos (ATOM) traded 1.6% higher against the dollar and now trades at $4.71 or 0.00006997 BTC.
• Fetch.ai (FET) traded 2.8% higher against the dollar and now trades at $1.34 or 0.00001991 BTC.
• Algorand (ALGO) traded 1.5% higher against the dollar and now trades at $0.12 or 0.00000181 BTC.

About Ethereum

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 120,395,818 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 message board for Ethereum 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 trade Ethereum using US dollars directly can do so using Coinbase, Changelly or GDAX.

ETH/USD price chart by TradingView