Cryptocurrency refers to digital currencies designed to function as a medium of exchange without relying on central authorities like governments or banks. These decentralized currencies operate through computer networks and blockchain technology, ensuring transparency and security.

Here are some notable cryptocurrencies:

Bitcoin (BTC): The pioneer and most valuable cryptocurrency, with a market cap of approximately $1.14 trillion USD. It’s often called “digital gold” due to its scarcity and store-of-value properties