Ethereum (ETH) 1-Day Trading Volume Hits $11.14 Billion

Ethereum (ETH) traded down 1.4% against the U.S. dollar during the 1-day period ending at 11:00 AM Eastern on June 17th. Ethereum has a market cap of $211.65 billion and $11.14 billion worth of Ethereum was traded on exchanges in the last 24 hours. One Ethereum coin can now be purchased for approximately $1,753.78 or 0.02695723 BTC on exchanges. Over the last week, Ethereum has traded up 6.5% against the U.S. dollar.

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

• Cardano (ADA) traded 3.4% lower against the dollar and now trades at $0.17 or 0.00000258 BTC.
• Cronos (CRO) traded down 2% against the dollar and now trades at $0.0593 or 0.00000091 BTC.
• Hedera (HBAR) traded 0.2% lower against the dollar and now trades at $0.0806 or 0.00000124 BTC.
• Avalanche (AVAX) traded up 1.2% against the dollar and now trades at $6.84 or 0.00010507 BTC.
• NEAR Protocol (NEAR) traded 0.8% lower against the dollar and now trades at $2.31 or 0.00003546 BTC.
• Uniswap (UNI) traded up 9.6% against the dollar and now trades at $3.24 or 0.00004982 BTC.
• Internet Computer (ICP) traded up 1.8% against the dollar and now trades at $2.42 or 0.00003715 BTC.
• Cosmos (ATOM) traded up 0.5% against the dollar and now trades at $1.98 or 0.00003046 BTC.
• Algorand (ALGO) traded 3.8% higher against the dollar and now trades at $0.0966 or 0.00000148 BTC.
• Beldex (BDX) traded down 0.5% against the dollar and now trades at $0.0800 or 0.00000123 BTC.

About Ethereum

Ethereum is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It launched on July 30th, 2015. Ethereum’s total supply is 120,684,073 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 message board is forum.ethereum.org. Ethereum’s official website is www.ethereum.org. 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 initially gained recognition through initial coin offerings (ICOs).”

Ethereum Coin Trading

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

ETH/USD price chart by TradingView