#BTCvsETH
Recent Price Trends & Market Performance**
- **Bitcoin (BTC)**
- **Current Price**: ~$60,000–$70,000 (after 2024 halving and ETF-driven bull run).
- **2024 Catalysts**:
- **Spot Bitcoin ETFs** (BlackRock, Fidelity, etc.) driving institutional demand.
- **Halving (April 2024)**: Reduced block rewards to 3.125 BTC, historically bullish.
- **Macro Factors**: Fed rate cuts, inflation hedging.
- **Ethereum (ETH)**
- **Current Price**: ~$3,000–$3,500 (lagging BTC but with strong fundamentals).
- **2024 Catalysts**:
- **Spot Ethereum ETF Approvals?** (SEC delayed decisions, but optimism remains).
- **EIP-4844 (Proto-Danksharding)**: Reduced Layer 2 fees (boosts scalability).
- **DeFi & NFT Revival**: TVL growing again after 2023 bear market.
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### **2. Key Upgrades & Developments**
#### **Bitcoin**
- **Ordinals & Runes**: NFT-like inscriptions and new token standard (controversial—fees vs. innovation).
- **Layer 2s**: Lightning Network adoption grows (El Salvador, Strike, etc.).
- **Mining**: Post-halving, miners face squeeze—efficiency upgrades needed.
#### **Ethereum**
- **The Surge (Dencun Upgrade, March 2024)**:
- **Proto-Danksharding (EIP-4844)**: Cut L2 fees by ~90% (e.g., Arbitrum, Optimism).
- **Verkle Trees (Future)**: Further scalability for stateless clients.
- **Staking**: ~30% of ETH supply now staked (~$70B); yield ~3–5%.
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### **3. Adoption & Institutional Interest**
| Metric | Bitcoin (BTC) | Ethereum (ETH) |
|-----------------|---------------------------------------|---------------------------------------|
| **ETFs** | Spot BTC ETFs live (Jan 2024) | Spot ETH ETF pending SEC decision |
| **Institutions**| MicroStrategy, Tesla, ETFs | Grayscale, hedge funds, staking |
| **Governments** | El Salvador (legal tender) | EU’s MiCA regulation clarity |
| **Corporate Use**| Treasury reserve asset | Enterprise blockchain
