#BTCvsETH #BTCvsETH Comparison ๐ฅ
Bitcoin (*BTC*) and Ethereum (*ETH*) are two of the biggest players in the crypto space. Here's how they stack up:
Key Differences
- *Purpose*: BTC is mainly used as a digital asset and store of value, while ETH powers the Ethereum blockchain for decentralized apps (DApps) and smart contracts.
- *Market Cap*: BTC's market cap is around $2.35 trillion, while ETH's is about $353.14 billion ยน ยฒ.
Current Prices and Trends
- *BTC Price*: Around $117,268.55 USD.
- *ETH Price*: Around $3,757.83 USD.
- *BTC/ETH Ratio*: 1 BTC is equivalent to about 31.18 ETH.
Performance Comparison
- In the last 24 hours, ETH increased by 133.39%, while BTC saw a 35.38% increase.
- BTC has a market dominance of over 55%, driven by institutional adoption and spot Bitcoin ETFs ยณ โด.