Ethereum (ETH) Price Reaches $2,479.69 on Major Exchanges

Ethereum (ETH) traded up 2.9% against the U.S. dollar during the 24-hour period ending at 21:00 PM E.T. on November 5th. One Ethereum coin can now be bought for about $2,479.69 or 0.03490647 BTC on major cryptocurrency exchanges. In the last seven days, Ethereum has traded 5.6% lower against the U.S. dollar. Ethereum has a market cap of $298.60 billion and $20.03 billion worth of Ethereum was traded on exchanges in the last day.

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

• Cardano (ADA) traded 3.5% higher against the dollar and now trades at $0.34 or 0.00000479 BTC.
• Avalanche (AVAX) traded up 8.2% against the dollar and now trades at $24.72 or 0.00034792 BTC.
• NEAR Protocol (NEAR) traded 7.1% higher against the dollar and now trades at $3.91 or 0.00005507 BTC.
• Uniswap (UNI) traded up 11.6% against the dollar and now trades at $7.66 or 0.00010782 BTC.
• Internet Computer (ICP) traded 6.1% higher against the dollar and now trades at $7.52 or 0.00010584 BTC.
• Fetch.ai (FET) traded 13.7% higher against the dollar and now trades at $1.29 or 0.00001811 BTC.
• Cronos (CRO) traded 3.6% higher against the dollar and now trades at $0.0735 or 0.00000103 BTC.
• Hedera (HBAR) traded up 11.1% against the dollar and now trades at $0.0477 or 0.00000067 BTC.
• Cosmos (ATOM) traded up 8.3% against the dollar and now trades at $4.29 or 0.00006034 BTC.
• Algorand (ALGO) traded up 4.9% against the dollar and now trades at $0.12 or 0.00000163 BTC.

About Ethereum

Ethereum (CRYPTO: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 120,419,005 coins. 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. 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.”

Ethereum Coin Trading

Investors seeking to acquire Ethereum using U.S. dollars directly can do so using Changelly, Coinbase or Gemini.

ETH/USD price chart by TradingView