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In the last few years, cryptocurrency has gained widespread acceptance. Cryptocurrencies are digital assets, payment systems, and legal tender in a few unusual circumstances. They are ever-evolving, with new use cases being invented regularly. In India, the interest in crypto touched new highs, with many start-ups and crypto exchanges foraying into the space.
There are currently thousands of cryptocurrencies available all around the world. Bitcoin, Ethereum, Cardona, Dogecoin, Tron, and Ripple are just a few of the most well-known digital currencies. Bitcoin is the first and largest virtual currency, accounting for approximately 40% of the total market capitalisation of all cryptocurrencies combined. The first Cryptocurrency, Bitcoin, was established in 2009, and it’s been more than a decade. Since then, the cryptocurrency market has grown in popularity, and it has provided instant profit to many investors, despite the high risks associated with it.
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