#BTCvsETH

Bitcoin (BTC) and Ethereum (ETH) are the two biggest players in the crypto world, each with unique strengths and purposes.

Key Differences

- *Purpose*: Bitcoin focuses on being a digital store of value and medium of exchange, while Ethereum is a decentralized platform for building apps using smart contracts.

- *Consensus Mechanism*: Bitcoin uses Proof of Work (PoW), while Ethereum uses Proof of Stake (PoS) since 2022, making it more energy-efficient.

- *Transaction Speed*: Ethereum processes transactions faster (~15 seconds) compared to Bitcoin (~10 minutes).

Performance Comparison

- As of today, 1 BTC is worth about 31.25 ETH.

- In the last 24 hours, Ethereum surged +141.17%, outpacing Bitcoin's +34.03%.

- Ethereum's volatility is higher (2.51) compared to Bitcoin (1.10).¹ ² ³

Investment Considerations

- Bitcoin is seen as a more stable, long-term store of value.

- Ethereum offers growth potential due to its role in DeFi and NFTs.

- Both are volatile; thorough research is essential before investing.⁴ ⁵

Do you want to know more about investing in Bitcoin or Ethereum, or compare other cryptocurrencies?