Let's dive into the comparison between Bitcoin (BTC) and Ethereum (ETH).
*Current Prices:*
- Bitcoin (BTC): around $117,846.80 - $118,514.80 USD
- Ethereum (ETH): around $3,786.03 USD
- 1 BTC is equivalent to approximately 31.09 - 31.18 ETH
- 1 ETH is equivalent to approximately 0.03207 - 0.03216 BTC
*Price Changes:*
- Bitcoin increased by 36.08% - 36.85% in the last 24 hours, while Ethereum increased by 134.93% - 136.83% during the same period.
- Over the past year, Bitcoin has increased by around 77.60%, while Ethereum has increased by around 9.23%.
*Market Volatility:*
- Bitcoin's daily market volatility is around 1.14 - 1.15
- Ethereum's daily market volatility is around 2.65 - 2.66
*Key Differences:*
- *Purpose:* Bitcoin is primarily used as a digital currency and store of value, while Ethereum is a decentralized platform for building smart contracts and decentralized applications.
- *Blockchain Technology:* Both use blockchain technology, but Ethereum's blockchain is more versatile and allows for the creation of decentralized applications ¹.
*Investment Perspective:*
If you had invested $1,000 in BTC or ETH:
- Yesterday: BTC would be worth around $1,000.28 - $1,005.95 (0.03% - 0.59% increase), while ETH would be worth around $1,052.86 - $1,061.40 (5.29% - 6.14% increase)
- 7 days ago: BTC would be worth around $981.00 - $984.59 (1.70% - 1.54% decrease), while ETH would be worth around $1,247.16 - $1,258.78 (24.76% - 25.88% increase) ² ³ ⁴#TrumpBitcoinEmpire