#BTCvsETH Let's dive into the comparison between Bitcoin (BTC) and Ethereum (ETH).

*Key Differences*

- *Purpose*: Bitcoin is primarily seen as a digital store of value or "digital gold," while Ethereum is a decentralized platform for building applications, focusing on smart contracts and decentralized apps (dApps).

- *Consensus Mechanism*: Bitcoin uses Proof-of-Work (PoW), whereas Ethereum has shifted to Proof-of-Stake (PoS) after its Merge upgrade, significantly reducing energy consumption.

- *Supply*: Bitcoin has a capped supply of 21 million coins, whereas Ethereum's supply isn't capped but has mechanisms to control inflation ¹ ².

*Market Performance*

- *Price*: Bitcoin's current price is around $112,362.50 with a 1.33% increase in the last 24 hours. Ethereum, on the other hand, has seen a 69.19% increase in the same period.

- *Market Volatility*: Bitcoin's daily market volatility is 1.45, while Ethereum's is 3.30, indicating higher price fluctuations for ETH ³.

*Long-Term Potential*

- *Growth Prospects*: Some experts predict Ethereum could outperform Bitcoin due to its versatile ecosystem, DeFi growth, and institutional interest. Others believe Bitcoin's stability and scarcity will maintain its dominance.

- *Adoption*: Both cryptocurrencies have seen growing adoption, with Bitcoin's price potentially influenced by its halving events and Ethereum's growth tied to its ecosystem's innovation and utility ⁴ ².

*Comparison Metrics*

- *Block Generation Time*: Bitcoin generates blocks every 10 minutes, while Ethereum does so every 12-15 seconds.

- *Use Cases*: Bitcoin is focused on secure value transfer, while Ethereum supports a wide range of applications, including DeFi, NFTs, and more ² ⁵.