Ethereum 1-Day Volume Reaches $10.07 Billion (ETH)

Ethereum (ETH) traded 2.7% lower against the dollar during the 24-hour period ending at 22:00 PM E.T. on November 2nd. In the last week, Ethereum has traded down 0.8% against the dollar. One Ethereum coin can now be bought for about $2,453.77 or 0.03600467 BTC on popular exchanges. Ethereum has a total market capitalization of $295.47 billion and approximately $10.07 billion worth of Ethereum was traded on exchanges in the last 24 hours.

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

• Cardano (ADA) traded down 4.8% against the dollar and now trades at $0.34 or 0.00000505 BTC.
• Avalanche (AVAX) traded down 4.7% against the dollar and now trades at $23.82 or 0.00034957 BTC.
• NEAR Protocol (NEAR) traded 4.9% lower against the dollar and now trades at $3.78 or 0.00005552 BTC.
• Uniswap (UNI) traded down 5.1% against the dollar and now trades at $7.33 or 0.00010761 BTC.
• Internet Computer (ICP) traded down 6.5% against the dollar and now trades at $7.42 or 0.00010888 BTC.
• Fetch.ai (FET) traded down 5.2% against the dollar and now trades at $1.18 or 0.00001727 BTC.
• Cronos (CRO) traded 2.3% lower against the dollar and now trades at $0.0720 or 0.00000106 BTC.
• Hedera (HBAR) traded 3.9% lower against the dollar and now trades at $0.0442 or 0.00000065 BTC.
• Cosmos (ATOM) traded 3.7% lower against the dollar and now trades at $4.06 or 0.00005956 BTC.
• Algorand (ALGO) traded 3.4% lower against the dollar and now trades at $0.11 or 0.00000165 BTC.

About Ethereum

ETH is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It was first traded on July 30th, 2015. Ethereum’s total supply is 120,412,867 coins. The official message board for Ethereum is forum.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. 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.”

Ethereum Coin Trading

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

ETH/USD price chart by TradingView