Ethereum is up 11.73% on the day, down -2.07% on the week and down -27.16% on the month on a last price of 0.00864499. ETH/BTC is trading between a 24hr high of 0.00890000 and a 24hr low of 0.00752565 on a 24hr volume of 14773 BTC or 1778041 ETH. The weekly trend is mixed.

The 24 hour volume on Poloniex is 14773.77804947 BTC or 1778041.44363987 ETH.

Remarks

August 02 2016 was the last time we saw any significant strength in ether price and volume. On that date the daily volume was 71,610 BTC on a weighted average of 0.01623504. Using today’s bitcoin price that’s $15.74 per ether, contrasted with today’s price of just $8.35 per ether. Lower prices, much lower volume and generally lackadaisical performance have plagued ether since.

This month is no different. Even with today’s climb of 11.73% still ETH/BTC is down -27.16% on the month – see the chart below:

One Month Chart

Zoom in for greater detail with the weekly Featured Chart.

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