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By Kevin Pratt27 September 2022
The Ethereum (ETH) price today, as of 9:11am, is £1,282, according to CoinMarketCap. That’s up 6.02% on yesterday’s figure of £1,204, down 0.54% on last week and down 7.78% on one month ago.
The 24-hour trading volume is around £15.5 billion, and it has a market cap of about £157.1 billion.
The 52-week high of ETH is £3,636, while the 52-week low is £733.
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Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.
If you purchased ETH at the 52-week low of £733 and sold it at today’s price of £1,282, you’d earn £549 for a positive return of 74.85%.
Alternatively, if you purchased ETH at the 52-week high of £3,636 and sold it at today’s price, you’d have lost 64.75%, equivalent to minus £2,354.
If you want to start investing in ETH, you’ll need a crypto exchange to do so. Keep in mind you may owe taxes on any gains you realise. Past performance is not a predictor of future results. Purchasing ETH is speculative and you may lose all of your investment.
ETH has moved up by 6.02% within the last 24 hours. Overall, ETH’s price today is below its 52-week high of £3,636.
Over the past week, ETH has hit a high of £1,283 and a low of £1,091.
The cryptocurrency, overall, has moved up during the past three months. Over the past 90 days, it has increased to its current price of £1,282.
As of now, a total of 122,544,714 ETH have been mined. Unlike Bitcoin, ETH does not have a maximum supply.
ETH, founded by Vitalik Buterin and Gavin Wood in 2015, is the second most popular cryptocurrency after Bitcoin. Today, ETH’s market capitalisation represents more than 17% of the $1.2 trillion global crypto market. Here’s a look at how Ethereum works.
Buy 70+ crypto assets with a fixed & transparent 1% fee on a highly secure platform.
Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Tax on profits may apply.
Ethereum is a blockchain platform that is, in its own words, “a global, decentralized platform for money and new kinds of applications.”
Ether (ETH) is the Ethereum blockchain’s native cryptocurrency token. It’s used to operate distributed applications on the Ethereum blockchain.
Many people in crypto talk about "buying Ethereum," but it’s important to understand that when you buy ETH, that means you own Ether (not Ethereum).
This article originally appeared on Evening Standard and Fetch With Intels News Feed Content Fetcher
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