Where does cryptocurrency get its value?

Bitcoin demonstrates some attributes for a currency, but its main source of value lies in its restricted supply and increasing demand . If the price of one bitcoin were to reach $514,000, Bitcoin’s market capitalization would reach approximately 15% of the global currency market.

While trading crypto, you can buy or sell, depending on whether you expect the asset’s price to rise or fall. This means you can make a profit whether the price goes up or down .7 Mar 2022

Some cryptocurrencies offer their owners the opportunity to earn passive income through a process called staking . Crypto staking involves using your cryptocurrencies to help verify transactions on a blockchain protocol. Though staking has its risks, it can allow you to grow your crypto holdings without buying more.4 gün önce