Ethereum’s price today, July 8, 2022: ETH 5.15% higher than yesterday

Ethereum’s price today, July 8, 2022: ETH 5.15% higher than yesterday

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The Ethereum (ETH) price today, as of 9:11 am, is £1,040 ($1,242), according to CoinMarketCap. It is 5.15% higher than yesterday’s figure of £986 ($1,172), and 31.13% lower than a month ago.

Its 24-hour trading volume is approximately £13.3 billion ($15.9 billion), and it has a market capitalization of approximately £126.3 billion ($150.9 billion).

The 52-week high of ETH is £3,636 ($4,892), while the 52-week low is £733 ($896).

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Ethereum ROI

If you bought ETH at its 52-week low of £733 ($896) and sold it at its current price of £1,040 ($1,242), you would earn £307 ($346) for a positive return of 41.86 %.

Alternatively, if you had bought ETH at its 52-week high of £3,636 ($4,892) and sold it at its current price, you would have lost 71.4%, which equates to minus £2,596 (minus $3,650 ).

If you want to start investing in ETH, you need a crypto exchange to do that. Keep in mind that you may owe tax on any profits you realize. Past performance is not a predictor of future performance. Buying ETH is speculative and you could lose your entire investment.

Ethereum price over time

ETH is up 5.15% in the last 24 hours. Overall, ETH’s price today is above its 52-week low of £733 ($896).

In the past week, ETH has hit a high of £1,048 ($1,263) and a low of £854 ($1,034).

The cryptocurrency has generally fallen over the past three months. In the past 90 days, it has fallen to its current price of £1,040 ($1,242).

How many Ethereum (ETH) coins are there?

There are currently 121,458,343 ETH in circulation. Unlike Bitcoin, ETH does not have a maximum supply.

About Ethereum

Founded by Vitalik Buterin and Gavin Wood in 2015, ETH is the second most popular cryptocurrency after Bitcoin. Today, ETH’s market cap represents over 17% of the $1.2 trillion global crypto market. Here’s a look at how Ethereum works

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Ethereum vs Ether: What’s the Difference?

Ethereum is a blockchain platform that is, in its own words, “a global, decentralized platform for money and new types of applications”.

Ether (ETH) is the native cryptocurrency token of the Ethereum blockchain. It is used to operate distributed applications on the Ethereum blockchain.

Many people in crypto talk about “buying Ethereum”, but it is important to understand that when you buy ETH, it means you own Ether (not Ethereum).