So, in case you are planning to invest in any of the cryptocurrencies and are confused about which one you should pick then you can consider this.
According to the Reserve Bank of India , the defining characteristics of cryptocurrencies are- they are decentralized systems where transactions are authenticated by participants themselves by consensus.
RBI further in the month of February 2022 informed that, until 5 years ago, total market capitalisation of all cryptocurrencies was only USD 20 billion .
Bitcoin reached its all-time high of USD 68,990 per token in November 2021, and has decreased subsequently in the past few months, according to a report by analyticsinsight.net.
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