Ethereum (ETH) One Day Volume Hits $19.64 Billion

Ethereum (ETH) traded down 2.8% against the US dollar during the 24 hour period ending at 8:00 AM E.T. on January 25th. One Ethereum coin can currently be purchased for about $3,304.43 or 0.03154546 BTC on major exchanges. In the last seven days, Ethereum has traded up 0.4% against the US dollar. Ethereum has a market capitalization of $398.21 billion and $19.64 billion worth of Ethereum was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• Cardano (ADA) traded down 2.4% against the dollar and now trades at $0.98 or 0.00000934 BTC.
• Avalanche (AVAX) traded down 2.4% against the dollar and now trades at $35.49 or 0.00033878 BTC.
• Hedera (HBAR) traded 4.4% lower against the dollar and now trades at $0.33 or 0.00000318 BTC.
• Uniswap (UNI) traded down 6.8% against the dollar and now trades at $12.16 or 0.00011609 BTC.
• NEAR Protocol (NEAR) traded down 3.4% against the dollar and now trades at $4.91 or 0.00004692 BTC.
• Internet Computer (ICP) traded down 2.7% against the dollar and now trades at $9.08 or 0.00008672 BTC.
• Cronos (CRO) traded 3.5% lower against the dollar and now trades at $0.14 or 0.00000132 BTC.
• Algorand (ALGO) traded 5.4% lower against the dollar and now trades at $0.40 or 0.00000381 BTC.
• Fetch.ai (FET) traded down 4.6% against the dollar and now trades at $1.19 or 0.00001140 BTC.
• Cosmos (ATOM) traded down 0.8% against the dollar and now trades at $6.20 or 0.00005915 BTC.

Ethereum Profile

Ethereum 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 120,506,423 coins. The Reddit community for Ethereum is https://reddit.com/r/ethereum and the currency’s Github account can be viewed here. The official website for Ethereum is www.ethereum.org. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. 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.”

Buying and Selling Ethereum

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

ETH/USD price chart by TradingView