What Is The Cryptocurrency Market?
Beyond financial apps that run on Ethereum, beyond oracles, irreplaceable tokens and blockchain-powered games are the crypto market. It is an unmoderated market for buying, selling, exchanging, and storing cryptocurrencies.
It all starts with Bitcoin
Bitcoin is the first modern cryptocurrency. They created Bitcoin as a general-purpose currency with the goal of replacing fiat government currencies. The idea was to be able to go to a clothing store and pay for your purchase by making a Bitcoin transfer, as easy as swiping your card through a post terminal. As the number of purchases that people make with old-fashioned paper money declines, it seems logical to create a new currency that benefits from computing power and network technology. It frees consumers from the limits of highly regulated currencies and bank cards.