Ethereum (ETH) 1-Day Trading Volume Hits $22.48 Billion

Ethereum (ETH) traded down 6.3% against the US dollar during the 24-hour period ending at 7:00 AM E.T. on April 16th. Ethereum has a total market cap of $366.72 billion and $22.48 billion worth of Ethereum was traded on exchanges in the last day. Over the last week, Ethereum has traded down 16% against the US dollar. One Ethereum coin can currently be bought for about $3,054.22 or 0.04884727 BTC on popular exchanges.

Here is how other cryptocurrencies have performed over the last day:

• Cardano (ADA) traded 5.5% lower against the dollar and now trades at $0.46 or 0.00000739 BTC.
• Avalanche (AVAX) traded 8.4% lower against the dollar and now trades at $34.73 or 0.00055552 BTC.
• Internet Computer (ICP) traded 11.7% lower against the dollar and now trades at $12.00 or 0.00019198 BTC.
• NEAR Protocol (NEAR) traded 10.5% lower against the dollar and now trades at $5.11 or 0.00008167 BTC.
• Uniswap (UNI) traded 8.8% lower against the dollar and now trades at $7.19 or 0.00011503 BTC.
• Cronos (CRO) traded down 9.2% against the dollar and now trades at $0.12 or 0.00000199 BTC.
• Cosmos (ATOM) traded down 6.7% against the dollar and now trades at $8.07 or 0.00012905 BTC.
• Hedera (HBAR) traded 8% lower against the dollar and now trades at $0.0796 or 0.00000127 BTC.
• Fetch.ai (FET) traded down 12.2% against the dollar and now trades at $2.03 or 0.00003244 BTC.
• Algorand (ALGO) traded down 5.4% against the dollar and now trades at $0.18 or 0.00000281 BTC.

Ethereum Coin Profile

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 120,070,408 coins. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. The official website for Ethereum is www.ethereum.org. Ethereum’s official message board 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.

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, Gemini or GDAX.

ETH/USD price chart by TradingView

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