Price of Ethereum monthly 2016-2020

In January 2020, one Ethereum cost 181.73 U.S. dollars, down from nearly 1,100 U.S. dollars in January 2018. After Bitcoin and Bitcoin Cash, it is the third most known cryptocurrency in the United States. Still, the majority of those surveyed were not aware of Ethereum.

What is a cryptocurrency?

Cryptocurrencies are digital currencies that are not regulated by any centralized authority, such as a government or bank. They are created through a process called “mining”, when miners sell processing power to the currency’s server in exchange for an amount of the currency. For security, every transaction is stored on a distributed ledger using a technology called “blockchain”.

The cryptocurrency market

Given the price volatility of Ethereum and other cryptocurrencies, investors seem more interested in them than consumers at the moment. As such, many are looking to the market capitalization of major cryptocurrencies. Ethereum has a relatively large share of the market at the moment, but newer coins are gaining in popularity.

Price of Ethereum from January 2016 to January 2020

Price in U.S. dollars
Jan 20181.73
Dec 19128.72
Nov 19153.67
Oct 19183.37
Sep 19171.01
Aug 19168.69
Jul 19210.08
Jun 19314.05
May 19253.27
Apr 19153.68
Mar 19141.94
Feb 19134.82
Jan 19107.57
Dec 18131.37
Nov 18117.01
Oct 18197.15
Sep 18235.39
Aug 18279.18
Jul 18433.61
Jun 18451.88
May 18574.22
Apr 18683.64
Mar 18403.83
Feb 18864.44
Jan 181,098.36
Dec 17722.14
Nov 17 459.43
Oct 17 305.35
Sep 17 287.87
Aug 17 345.39
Jul 17 208.73
Jun 17 295.71
May 17 189.83
Apr 17 75.74
Mar 17 50.91
Feb 17 13.08
Jan 17 10.47
Dec 16 8.13
Nov 16 9.46
Oct 16 11.16
Sep 16 13.35
Aug 16 11.2
Jul 16 12.8
Jun 16 14.37
May 16 10.62
Apr 16 7.51
Mar 16 11.12
Feb 16 6.06
Jan 16 2.58
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Source

Release date

February 2020

Region

Worldwide

Survey time period

January 2016 to January 2020

Supplementary notes

End of period closing prices.

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Statistics on "Cryptocurrencies"

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