Description: Cryptocurrency, also known as digital or virtual currency, is a form of electronic cash that uses cryptography for security. Cryptocurrency operates
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Cryptocurrency, also known as digital or virtual currency, is a form of electronic cash that uses cryptography for security. Cryptocurrency operates independently of a central bank or government, making it decentralized and resistant to government interference or manipulation.
The cryptocurrency industry has seen tremendous growth in recent years, with the total market capitalization of all cryptocurrencies exceeding $1 trillion in January 2021. Cryptocurrencies, such as Bitcoin and Ethereum, have become increasingly popular as a form of digital or virtual currency that uses cryptography for security and operates independently of a central bank.