Ethereum (ETH) Reaches Market Capitalization of $426.52 Billion

Ethereum (ETH) traded up 10.4% against the US dollar during the 1-day period ending at 22:00 PM Eastern on March 20th. Ethereum has a market capitalization of $426.52 billion and $35.64 billion worth of Ethereum was traded on exchanges in the last 24 hours. One Ethereum coin can currently be bought for $3,552.13 or 0.05241392 BTC on cryptocurrency exchanges. During the last week, Ethereum has traded 11.2% lower against the US dollar.

Here’s how other cryptocurrencies have performed during the last 24 hours:

  • Cardano (ADA) traded 7.9% higher against the dollar and now trades at $0.64 or 0.00000949 BTC.
  • Avalanche (AVAX) traded up 7.9% against the dollar and now trades at $56.44 or 0.00083282 BTC.
  • NEAR Protocol (NEAR) traded up 9.6% against the dollar and now trades at $6.85 or 0.00010111 BTC.
  • Uniswap (UNI) traded up 9.6% against the dollar and now trades at $11.96 or 0.00017652 BTC.
  • Internet Computer (ICP) traded 7.4% higher against the dollar and now trades at $12.01 or 0.00017718 BTC.
  • Cosmos (ATOM) traded up 7.2% against the dollar and now trades at $11.84 or 0.00017465 BTC.
  • Hedera (HBAR) traded 8.9% higher against the dollar and now trades at $0.11 or 0.00000166 BTC.
  • Cronos (CRO) traded 11.8% higher against the dollar and now trades at $0.14 or 0.00000205 BTC.
  • Fetch.ai (FET) traded up 7.9% against the dollar and now trades at $2.70 or 0.00003985 BTC.
  • Algorand (ALGO) traded up 10.1% against the dollar and now trades at $0.25 or 0.00000375 BTC.

Ethereum Profile

Ethereum 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 120,075,663 coins. Ethereum’s official website is www.ethereum.org. The official message board for Ethereum is forum.ethereum.org. 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.

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 U.S. dollars directly can do so using GDAX, Changelly or Gemini.

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