Cryptocurrencies are digital assets designed as a secure and decentralized medium of exchange, built on cryptographic principles. Unlike traditional fiat currencies regulated by centralized banking systems, cryptocurrencies operate on decentralized consensus mechanisms, offering greater transparency, security, and resistance to manipulation.

Due to their decentralized nature, high level of anonymity, and limited supply, cryptocurrencies have quickly become one of the most sought-after asset classes of the 21st century. Their global recognition continues to grow as they gain popularity among both retail and institutional investors.

The first decentralized cryptocurrency, Bitcoin (BTC), was launched in 2009. In 2015, the U.S. Commodity Futures Trading Commission (CFTC) officially classified Bitcoin and other digital currencies as commodities. By the end of 2020, as global central banks implemented aggressive monetary policies in response to the pandemic, excessive currency printing fueled a historic crypto bull market—pushing Bitcoin into the spotlight as the sixth largest currency in global circulation.

In 2021, El Salvador made headlines by becoming the first country to adopt Bitcoin as legal tender, further validating the role of crypto in the global financial system.

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