Ethereum (ETH) Market Cap Hits $447.07 Billion

Ethereum (ETH) traded up 3.1% against the U.S. dollar during the 1-day period ending at 7:00 AM Eastern on December 4th. Ethereum has a market capitalization of $447.07 billion and $45.11 billion worth of Ethereum was traded on exchanges in the last 24 hours. During the last seven days, Ethereum has traded 7.3% higher against the U.S. dollar. One Ethereum coin can currently be purchased for about $3,711.91 or 0.03869313 BTC on popular exchanges.

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

• Cardano (ADA) traded down 4.6% against the dollar and now trades at $1.20 or 0.00001254 BTC.
• Avalanche (AVAX) traded 5.1% higher against the dollar and now trades at $54.12 or 0.00056411 BTC.
• Hedera (HBAR) traded down 10.7% against the dollar and now trades at $0.32 or 0.00000330 BTC.
• Uniswap (UNI) traded up 11.4% against the dollar and now trades at $15.74 or 0.00016411 BTC.
• NEAR Protocol (NEAR) traded 2.9% higher against the dollar and now trades at $7.49 or 0.00007811 BTC.
• Internet Computer (ICP) traded up 5% against the dollar and now trades at $14.88 or 0.00015515 BTC.
• Cronos (CRO) traded up 6.6% against the dollar and now trades at $0.21 or 0.00000220 BTC.
• Fetch.ai (FET) traded 0% higher against the dollar and now trades at $1.92 or 0.00001998 BTC.
• Algorand (ALGO) traded 13.2% lower against the dollar and now trades at $0.51 or 0.00000535 BTC.
• Cosmos (ATOM) traded 7.6% higher against the dollar and now trades at $10.44 or 0.00010886 BTC.

About Ethereum

Ethereum (CRYPTO: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 120,441,990 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. The official message board for Ethereum 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 trade Ethereum using US dollars directly can do so using Changelly, Coinbase or Gemini.

ETH/USD price chart by TradingView