#BTCvsETH
*Bitcoin (BTC):*
- *Market Cap:* $2.33 trillion
- *Price:* $118,337.01
- *Dominance:* 54.73% of the cryptocurrency market
*Ethereum (ETH):*
- *Market Cap:* $421.69 billion
- *Price:* $3,575.01
- *Dominance:* 17.73% of the cryptocurrency market
*Key Differences:*
- *Purpose:* Bitcoin is primarily a digital currency, while Ethereum is a decentralized platform for building smart contracts and decentralized applications (dApps).
- *Technology:* Bitcoin uses a proof-of-work (PoW) consensus algorithm, while Ethereum is transitioning to proof-of-stake (PoS) with Ethereum 2.0.
- *Use Cases:* Bitcoin is often used for payments and store of value, while Ethereum is used for decentralized finance (DeFi), non-fungible tokens (NFTs), and more.
*Market Trends:*
- *Bitcoin:* Recently surged past $118,000, with analysts predicting potential targets of $120,000 to $175,000.
- *Ethereum:* Surpassed $3,500, with predictions of reaching $4,000 to $10,000 in the near future.
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. These are just a few key points to consider when comparing BTC and ETH.