#BTCvsETH
Let's dive into the Bitcoin (BTC) vs Ethereum (ETH) debate.
*Key Differences:*
- *Purpose*: Bitcoin is primarily a digital currency and store of value, while Ethereum is a decentralized platform for building applications using smart contracts.
- *Consensus Mechanism*: Bitcoin uses Proof of Work (PoW), whereas Ethereum uses Proof of Stake (PoS), making Ethereum more energy-efficient.
- *Transaction Speed*: Ethereum transactions are faster, with a block time of 12 seconds compared to Bitcoin's 10 minutes.
- *Scalability*: Ethereum's higher transactions per second (TPS) provides better scalability for users.
*Performance Comparison:*
- *Price Growth*: Bitcoin has increased by 0.34% to $118,224.30, while Ethereum has surged by 3.02% to $3,756.56 in the last 24 hours.
- *Market Volatility*: Ethereum's daily market volatility is higher at 2.63 compared to Bitcoin's 1.15.
- *Historical Performance*: Bitcoin has outperformed Ethereum on 85% of all trading days since Ethereum's inception.¹ ²
*Investment Considerations:*
- *Stability*: Bitcoin is considered a safer bet for stability, while Ethereum offers more opportunities for growth.
- *Use Cases*: Bitcoin is ideal for digital payments and store of value, whereas Ethereum is suited for decentralized applications, DeFi, and NFTs.³ ⁴
*Price Projections:*
- *2025 Price Range*: Bitcoin is expected to range from $80,000 to $155,000, while Ethereum's price range is predicted to be $2,400 to $5,900.⁵