ETH price was trading at $4,000, marking an approximate 4% increase at the time of writing. Its 24-hour low and high were $3,831 and $4,087, respectively. Ethereum’s market capitalization stood at $480 billion, with a trading volume of $50 billion. It remained the second-largest cryptocurrency, with a market dominance of 13.11%.
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Transactions are verified by network nodes and recorded in a public distributed ledger known as the blockchain. Cryptocurrency transactions are secure, and are verified by a decentralized network of computers. CoinMarketCap does not offer financial or investment advice about which cryptocurrency, token or asset does or does not make a good investment, nor do we offer advice about the timing of purchases or sales. Please remember that the prices, yields and values of financial assets change. We recommend seeking the advice of a professional investment advisor for guidance related to your personal circumstances.
You can use our live crypto charts and indicators to do technical analysis, and our extensive coin guides will tell you lots of valuable information about the project behind the cryptocurrency project. However, cryptocurrencies are highly volatile, and it is possible to make huge losses and gains, making them a risky investment. Stablecoins are digital currencies whose exchange rate closely tracks a https://ai-robert.com/ stable asset, so their price should remain stable without significant movements. That means the crypto’s live price can change a lot very quickly. The top cryptocurrencies are not just a list of high-value digital assets. They represent the pulse of the crypto sphere, reflecting innovation, trust, and trends.
- Smart contracts are computer programs that automatically execute the actions necessary to fulfill an agreement between several parties on the internet.
- If you want to invest in a cryptocurrency from the list on this page, but don’t see it in the Buy/Sell section, that means you’ll need to use a top cryptocurrency like BTC or USDT to buy the asset.
- For tokens that are supported for trading on the Gemini Exchange, the prices quoted are provided directly by Gemini.
- Bitpanda Savings Plan2 can help investors looking to grow their holdings over the long-term.With consistent investments over a long period, investors utilising can benefit from the cost-average effect.
- We also offer interactive charts, and comprehensive tools to help you make informed decisions.
- As already mentioned, there are plans to transition to a proof-of-stake algorithm in order to boost the platform’s scalability and add a number of new features.
What is Bitcoin’s All-Time High?
This development underscores growing institutional interest in Ethereum despite market volatility. Reward amounts will be determined based on the type and relevance of the information provided. Head over to the Earn section to discover how you can earn passive income on your cryptocurrency. Many cryptocurrencies generate a yield for holders who participate in various network activities, such as staking.
We aggregate prices from the most trusted sources and allow you to always be one step ahead by getting an instant view of the entire market or specific sectors on various timeframes. We also offer interactive charts, and comprehensive tools to help you make informed decisions. The global crypto market value rose over 3%, reaching $3.49 trillion, while trading volume saw a 10% boost, hitting $170 billion. The Fear and Greed Index now stands at 82, reflecting extreme greed as investors continue to show strong interest.
However, staking, as well as providing liquidity on DeFi protocols, can be confusing and expensive. The Ethereum network has been plagued with high transaction fees, often spiking at seasons of high demand. In May 2021, the average transaction fee of the network peaked at $71.72. Each of these blockchains employs a different consensus model to tackle Ethereum’s PoW-induced limitations. For instance, Solana uses proof-of-history (PoH) while Binance Smart Chain utilizes both proof-of-authority (PoA) and delegated proof-of-stake (DPoS). It is worth adding that in addition to integrating with .eth names, ENS also supports the most popular DNS names, including .com, .org, .io, .app and several others.
Furthermore, users who wish to speed up their transactions can pay a “priority fee” to a miner for faster inclusion. Although plans are already on the way to solve these shortcomings through several upgrades, many competitors have capitalized on this delay to offer crypto users cheaper and faster transactions. Ethereum has pioneered the concept of a blockchain smart contract platform. Smart contracts are computer programs that automatically execute the actions necessary to fulfill an agreement between several parties on the internet. They were designed to reduce the need for trusted intermediates between contractors, thus reducing transaction costs while also increasing transaction reliability. Ethereum’s own purported goal is to become a global platform for decentralized applications, allowing users from all over the world to write and run software that is resistant to censorship, downtime and fraud.
Here’s a quick look at the top cryptocurrencies by market cap and their price movements today, December 2. You can check out the crypto prices today to see the current market price of any particular cryptocurrency. You can see at what price it is bought and sold on an exchange. Kriptomat’s live crypto chart provides additional information.