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This question is about cryptocurrency statistics.

What is cryptocurrency?

By Zippia Team - Feb. 14, 2022

A cryptocurrency is a form of digital currency created through cryptographic tactics using binary data. Cryptocurrency allows people to buy, sell or trade them safely, and it is circulated without a monetary authority like the government or a financial institution.

Though cryptocurrencies can be exchanged for goods and services, they're typically used as a long or short-term investment strategy in today's market. There are thousands of different cryptocurrencies to choose from, with the most popular by a landslide being Bitcoin, which currently costs $41,804.58.

What is cryptocurrency?

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