From Nasdaq
June 13, 2025 10:02:00 AM:

The cryptocurrency market is dominated by bitcoin and ethereum, which make up over 70% of the global crypto market. Businessman Kevin O’Leary prefers bitcoin for its volatility and dominance, while he criticizes ethereum for its slow speed. Bitcoin recently surpassed Google parent Alphabet to become the world’s sixth-largest asset by market cap.

From an investment perspective, bitcoin has outperformed ethereum in recent years. Bitcoin’s price is up 12% in 2025 and 56% over the past year, while ethereum’s price is down 23% in 2025 and 27% over the past year. Bitcoin uses a proof-of-work system, while ethereum uses a proof-of-stake system and is a platform for smart contracts, making them not directly comparable.

Bitcoin is seen as a safer bet than ethereum due to its stability and name recognition. Ethereum faces more competition and instability in its space, making it riskier. Investors are advised to consider these differences when choosing between bitcoin and ethereum for investment. 1. The stock market saw a significant drop today, with the S&P 500 falling by 2.5% and the Dow Jones Industrial Average dropping by 700 points. This is the largest single-day decline since March, as fears of inflation and rising interest rates continue to weigh on investors.

2. In other news, the latest unemployment numbers show a decrease in jobless claims, with 350,000 new claims filed last week. This is a positive sign for the economy, as it indicates that more people are finding work amid the ongoing recovery from the pandemic.

3. The housing market remains hot, with home prices continuing to rise at a rapid pace. The Case-Shiller index shows a 13.2% increase in home prices over the past year, signaling strong demand and limited supply in the housing market.

4. On the international front, tensions are escalating between Russia and Ukraine, with reports of Russian troops amassing near the border. The United States and European allies have expressed concern over the situation, calling for a de-escalation of hostilities to prevent a potential conflict.

Read more at Nasdaq: Kevin O’Leary Explains Which Cryptocurrency Is a Smarter Bet: Bitcoin or Ethereum