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Cryptocurrency : The Future of Currency

A Cryptocurrency is a digital currency that is created and managed through the use of advanced encryption techniques known as cryptography. Cryptocurrency made the leap from being an academic concept to (virtual) reality with the creation of Bitcoin in 2009.

While Bitcoin attracted a growing following in subsequent years, it captured significant investor and media attention in April 2013 when it peaked at a record $266 per bitcoin after surging 10-fold in the preceding two months. Bitcoin sported a market value of over $2 billion at its peak, but a 50% plunge shortly thereafter Sparked a raging debate about the future of cryptocurrencies in general and Bitcoin in particular.

The Future of CryptocurrencyšŸ‘‡


Some economic analysts predict a big change in cryptocurrency world is forthcoming as institutional money enters the market. Moreover, there is the possibility that cryptocurrency will be floated on the Nasdaq , which would further add credibility to Blockchain and its uses as an alternative to conventional currencies.

Bitcoin

Alternatives to BitcoinšŸ‘‡


Despite its recent issues, Bitcoin’s success and growing visibility since its launch hasresulted in a number of companies unveiling alternative cryptocurrency. Like

Ethereum , Litecoin. Ripple etc . 



Alternatives of Bitcoin

Market Cap Of All The CryptocurrencyšŸ‘‡

The number of cryptocurrencies available over the internet as of 19 August 2019 is over 1600 and growing. A new cryptocurrency can be created at any time.


Market Capitalization of cryptocurrencies

From next blog we will discuss about the market as well  coins.

Thankyou!!!









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