Ethereum Price Hits $2,450.24 on Exchanges (ETH)

Ethereum (ETH) traded 0.4% higher against the U.S. dollar during the 1-day period ending at 10:00 AM Eastern on September 1st. One Ethereum coin can now be purchased for about $2,450.24 or 0.03129058 BTC on cryptocurrency exchanges. Over the last seven days, Ethereum has traded down 0.8% against the U.S. dollar. Ethereum has a total market cap of $295.70 billion and $12.94 billion worth of Ethereum was traded on exchanges in the last 24 hours.

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

• Cardano (ADA) traded up 2.8% against the dollar and now trades at $0.20 or 0.00000255 BTC.
• Cronos (CRO) traded up 1.7% against the dollar and now trades at $0.0564 or 0.00000072 BTC.
• Uniswap (UNI) traded 11.9% higher against the dollar and now trades at $5.69 or 0.00007262 BTC.
• Hedera (HBAR) traded 1.9% higher against the dollar and now trades at $0.0749 or 0.00000096 BTC.
• Avalanche (AVAX) traded 2.4% higher against the dollar and now trades at $7.32 or 0.00009351 BTC.
• NEAR Protocol (NEAR) traded up 10% against the dollar and now trades at $2.02 or 0.00002583 BTC.
• Internet Computer (ICP) traded 3.4% higher against the dollar and now trades at $2.46 or 0.00003143 BTC.
• Algorand (ALGO) traded 5.9% higher against the dollar and now trades at $0.0894 or 0.00000114 BTC.
• Cosmos (ATOM) traded 1.6% higher against the dollar and now trades at $1.49 or 0.00001899 BTC.
• Beldex (BDX) traded 0.5% lower against the dollar and now trades at $0.0791 or 0.00000101 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 120,681,093 coins. Ethereum’s official Twitter account is @ethereum and its Facebook page is accessible here. The official website for Ethereum 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.

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

ETH/USD price chart by TradingView