Ethereum Price Reaches $2,700.58 on Exchanges (ETH)

Ethereum (ETH) traded down 2.6% against the dollar during the 1-day period ending at 8:00 AM Eastern on February 18th. Ethereum has a total market cap of $325.57 billion and $25.33 billion worth of Ethereum was traded on exchanges in the last day. One Ethereum coin can now be bought for $2,700.58 or 0.02809718 BTC on major exchanges. In the last week, Ethereum has traded 0.3% higher against the dollar.

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

• Cardano (ADA) traded 2.5% lower against the dollar and now trades at $0.79 or 0.00000819 BTC.
• Avalanche (AVAX) traded down 5.6% against the dollar and now trades at $24.18 or 0.00025157 BTC.
• Hedera (HBAR) traded down 7.5% against the dollar and now trades at $0.21 or 0.00000215 BTC.
• Uniswap (UNI) traded 3.2% lower against the dollar and now trades at $9.74 or 0.00010133 BTC.
• NEAR Protocol (NEAR) traded 6.1% lower against the dollar and now trades at $3.19 or 0.00003321 BTC.
• Internet Computer (ICP) traded down 4.3% against the dollar and now trades at $6.85 or 0.00007131 BTC.
• Cronos (CRO) traded 2.9% lower against the dollar and now trades at $0.0866 or 0.00000090 BTC.
• Algorand (ALGO) traded 6% lower against the dollar and now trades at $0.26 or 0.00000274 BTC.
• Cosmos (ATOM) traded down 4% against the dollar and now trades at $4.66 or 0.00004853 BTC.
• Fetch.ai (FET) traded 6.5% lower against the dollar and now trades at $0.75 or 0.00000777 BTC.

About Ethereum

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 120,556,761 coins. Ethereum’s official website is www.ethereum.org. 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.

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 trade Ethereum using US dollars directly can do so using Changelly, Coinbase or GDAX.

ETH/USD price chart by TradingView