HFM information and reviews
HFM
96%
Octa information and reviews
Octa
94%
FXCC information and reviews
FXCC
92%
FxPro information and reviews
FxPro
89%
FBS information and reviews
FBS
88%
Vantage information and reviews
Vantage
85%

Ethereum Price, ETH/USD Exchange Rates


Current Rating 2
Symbol ETH
Logo
Price change, 1h 1.54%
Price change, 24h -7.47%
Price change, 7d -17.83%
ETH current price $3 293.13
ETH Market cap $395 430 984 754
Available supply 120 077 426 ETH
Volume, 24h $28 695 384 969

Ethereum is a software platform that aims to act as a decentralized Internet as well as a decentralized app store. A system like this needs a currency to pay for the computational resources required to run an application or a program. This is where ‘Ether’ comes into play. Ether is a digital bearer asset and it doesn’t require a third party to process the payment. However, it doesn’t only operate as a digital currency, it also acts as ‘fuel’ for the decentralized apps within the network. If a user wants to change something in one of the apps within Ethereum, they need to pay a transaction fee so that the network can process the change.

If bitcoin is "digital gold", then ether is certainly silver - the currency boasts the second-largest market capitalization. It is the original token of decentralized platform of etherium, which was launched by Vitalik Buterin on July 30, 2016.

The main difference between the rival platforms of bitcoin and the etherium lies in their purpose and capabilities. Thanks to the technology of "smart contracts", the etherium allows you to create not only currency, but decentralized applications, which attracts large technology players such as Intel and Microsoft to the project. Ethereum took the technology behind Bitcoin and substantially expanded its capabilities. It is a whole network, with its own Internet browser, coding language and payment system. Most importantly, it enables users to create decentralized applications on Ethereum’s Blockchain.

Ether is the second most popular cryptocurrency, the price of which has grown nearly 100 times in 2017.

It is the native cryptocurrency of Ethereum blockchain platform, where one can create decentralized applications (or “dapps”) without intermediaries. The potential use of Ethereum blockchain is vast: from projects in business development to managing identity, from currency exchanges to crowdfunding and more. Some analysts believe, Ether is one of the most credible cryptocurrencies as its platform allows to create new blockchains easier –  and that advances the whole digital industry. This broader usage in the tech space is perceived as the biggest advantage of Ether which has provided it with a strong investor support.

Ethereum is a decentralized system, which means it is not controlled by any single governing entity. An absolute majority of online services, businesses and enterprises are built on a centralized system of governance. This approach has been used for hundreds of years, and while history proved time and time again that it’s flawed, its implementation is still necessary when the parties don’t trust each other.

Ethereum, being a decentralized system, is fully autonomous and is not controlled by anyone at all. It has no central point of failure, as it is being run from thousands of volunteers’ computers around the globe, which means it can never go offline. Moreover, users’ personal information stays on their own computers, while content, such as apps, videos, etc., stays in full control of its creators without having to obey by the rules imposed by hosting services.

ETH/USD Price and Exchange Rates Charts

ETH/USD Price, Exchange Rates chart – 7 days

ETH/USD Price, Exchange Rates chart – 30 days

ETH/USD Price, Exchange Rates chart – 60 days

* Forex Rating accepts no liability for any errors in the Ethereum Price or ETH Information. For the most recent information please visit the Ethereum official site.

Top Cryptocurrencies

# Cryptocurrency 7 days
1 BTC Information Bitcoin -10.8%
2 ETH Information Ethereum -17.83%
3 USDT Information Tether USDt -0.09%
4 SOL Information Solana 18.3%
5 BNB Information BNB -2.73%
6 XRP Information XRP -15.03%
7 USDC Information USDC 0.01%
8 ADA Information Cardano -17.19%
9 AVAX Information Avalanche 20.6%
10 DOGE Information Dogecoin -23.41%
11 SHIB Information Shiba Inu -21.57%
12 TON Information Toncoin 6.6%
13 DOT Information Polkadot -15.38%
14 TRX Information TRON -10.42%
15 WTRX Information Wrapped TRON -10.97%
16 STETH Information Lido stETH -3.32%
17 LINK Information Chainlink -16.42%
18 WBTC Information Wrapped Bitcoin -11.28%
19 MATIC Information Polygon -20.54%
20 BCH Information Bitcoin Cash -13.02%
Cryptocurrency Rating

Top Bitcoin Brokers

All Bitcoin Forex Brokers

BTC/USD Forecasts

Pushing down crypto isn't easy
Pushing down crypto isn't easy

Buying on dips remains the dominant tactic in the crypto market. Capitalisation rose 1.8% in seven days to $1.65 trillion. Previously, the 'what doesn't rise, falls' formula was often applied to cryptocurrencies, however, recent attempts to sell off after a period of stabilisation have been met with increased buying.

5 Feb 2024

Crypto has retreated from the lows, but no rush for growth
Crypto has retreated from the lows, but no rush for growth

Crypto market capitalization at around $1.62 trillion is less than 1% higher than it was seven days ago, thanks to a growth spurt on Friday. Bitcoin has added 3% in the same period and continues to be the driving force behind crypto volatility.

29 Jan 2024

Ethereum could end consolidation with a dip towards $2000
Ethereum could end consolidation with a dip towards $2000

Volatility in the cryptocurrency market remains subdued, keeping the capitalisation near $1.56 trillion for the third day. Meanwhile, Bitcoin remains around $40K, and Ethereum looks pegged to $2200...

26 Jan 2024

The Crypto Market Takes a Breath after the Storm
The Crypto Market Takes a Breath after the Storm

The crypto market saw lower volatility in the last 24 hours, with capitalisation at $1.56 trillion and the price of Bitcoin hovering around $40K. Major altcoins have also avoided strong moves...

25 Jan 2024

Global risk appetite pauses crypto sell-off
Global risk appetite pauses crypto sell-off

Bitcoin reversed to the upside on Tuesday afternoon. The price drop to $38.5K attracted buyers on the background of another update of all-time highs by leading US indices, which supported risk appetite...

24 Jan 2024

Crypto's decline looks more like a sell-off than a correction
Crypto's decline looks more like a sell-off than a correction

The crypto market lost over 5% in 24 hours, to $1.52 trillion. Bitcoin has remained under pressure since the start of the week after pausing in the sell-off on Saturday and Sunday...

23 Jan 2024

MultiBank Group information and reviews
MultiBank Group
84%
XM information and reviews
XM
82%
FP Markets information and reviews
FP Markets
81%
FXTM information and reviews
FXTM
80%
AMarkets information and reviews
AMarkets
79%
BlackBull information and reviews
BlackBull
78%

© 2006-2024 Forex-Ratings.com

The usage of this website constitutes acceptance of the following legal information.
Any contracts of financial instruments offered to conclude bear high risks and may result in the full loss of the deposited funds. Prior to making transactions one should get acquainted with the risks to which they relate. All the information featured on the website (reviews, brokers' news, comments, analysis, quotes, forecasts or other information materials provided by Forex Ratings, as well as information provided by the partners), including graphical information about the forex companies, brokers and dealing desks, is intended solely for informational purposes, is not a means of advertising them, and doesn't imply direct instructions for investing. Forex Ratings shall not be liable for any loss, including unlimited loss of funds, which may arise directly or indirectly from the usage of this information. The editorial staff of the website does not bear any responsibility whatsoever for the content of the comments or reviews made by the site users about the forex companies. The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff.
We use cookies to improve your experience and to make your stay with us more comfortable. By using Forex-Ratings.com website you agree to the cookies policy.