$BTC
Here's a brief overview of BTC and XRP:
*Current Prices:*
- *Bitcoin (BTC):* $104,049.61 with a 0.66% decrease in the last 24 hours
- *Ripple (XRP):* $2.59 with an 8.75% increase in the last 24 hours
*Key Differences:*
- *Purpose:* Bitcoin is a digital currency for payments, while Ripple is a payment settlement, currency exchange, and remittance system for banks and payment networks.
- *Technology:* Bitcoin uses blockchain technology, whereas Ripple uses a distributed consensus ledger with validating servers and XRP tokens.
- *Use Case:* Bitcoin is used for direct payments, whereas XRP facilitates transfers between currencies, eliminating exchange fees and reducing processing time to seconds ¹.
*Exchange Rate:*
- 1 Bitcoin (BTC) is equivalent to 0 Ripple (XRP), according to the current exchange rate. However, please note that exchange rates may fluctuate rapidly ².