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

Ethereum (ETH) traded up 0.4% against the dollar during the 1 day period ending at 10:00 AM ET on September 1st. In the last week, Ethereum has traded down 0.8% against the dollar. One Ethereum coin can now be bought for $2,450.24 or 0.03129058 BTC on exchanges. Ethereum has a market capitalization of $295.70 billion and approximately $12.94 billion worth of Ethereum was traded on exchanges in the last 24 hours.

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

• Cardano (ADA) traded 2.8% higher against the dollar and now trades at $0.20 or 0.00000255 BTC.
• Cronos (CRO) traded 1.7% higher against the dollar and now trades at $0.0564 or 0.00000072 BTC.
• Uniswap (UNI) traded up 11.9% 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 up 2.4% against the dollar and now trades at $7.32 or 0.00009351 BTC.
• NEAR Protocol (NEAR) traded 10% higher 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 up 1.6% against the dollar and now trades at $1.49 or 0.00001899 BTC.
• Beldex (BDX) traded down 0.5% against the dollar and now trades at $0.0791 or 0.00000101 BTC.

Ethereum Coin Profile

Ethereum (CRYPTO:ETH) is a proof-of-stake (PoS) coin that uses the Ethash hashing algorithm. It launched on July 30th, 2015. Ethereum’s total supply is 120,681,093 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 Twitter account is @ethereum and its Facebook page is accessible here. Ethereum’s official message board is forum.ethereum.org. The official website for Ethereum is www.ethereum.org.

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).”

Buying and Selling Ethereum

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

ETH/USD price chart by TradingView