Ethereum Price Tops $2,391.60 on Major Exchanges (ETH)

Ethereum (ETH) traded down 5.5% against the U.S. dollar during the 24-hour period ending at 19:00 PM Eastern on October 25th. Ethereum has a total market capitalization of $287.94 billion and approximately $20.96 billion worth of Ethereum was traded on exchanges in the last 24 hours. During the last seven days, Ethereum has traded 9.5% lower against the U.S. dollar. One Ethereum coin can now be purchased for about $2,391.60 or 0.03645914 BTC on exchanges.

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

• Cardano (ADA) traded down 6.7% against the dollar and now trades at $0.32 or 0.00000493 BTC.
• Avalanche (AVAX) traded down 9.9% against the dollar and now trades at $24.22 or 0.00036922 BTC.
• NEAR Protocol (NEAR) traded down 14.2% against the dollar and now trades at $4.04 or 0.00006161 BTC.
• Uniswap (UNI) traded 8.9% lower against the dollar and now trades at $7.28 or 0.00011098 BTC.
• Internet Computer (ICP) traded 9.7% lower against the dollar and now trades at $7.48 or 0.00011402 BTC.
• Cronos (CRO) traded down 6.3% against the dollar and now trades at $0.0709 or 0.00000108 BTC.
• Hedera (HBAR) traded down 10% against the dollar and now trades at $0.0461 or 0.00000070 BTC.
• Cosmos (ATOM) traded 10.2% lower against the dollar and now trades at $4.31 or 0.00006576 BTC.
• Fetch.ai (FET) traded down 14.6% against the dollar and now trades at $1.14 or 0.00001742 BTC.
• Algorand (ALGO) traded 8.3% lower against the dollar and now trades at $0.11 or 0.00000170 BTC.

Ethereum Coin Profile

Ethereum (ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. Its genesis date was July 30th, 2015. Ethereum’s total supply is 120,397,409 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 website is www.ethereum.org. Ethereum’s official message board is forum.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 also gained recognition through initial coin offerings.”

Ethereum Coin Trading

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

ETH/USD price chart by TradingView