Cryptocurrencies as an asset class gained through the pandemic. The two most popular cryptos (by trading volume, and also market-cap) are Bitcoin and Ethereum. Since January, Bitcoin has risen about 141 per cent, while Ethereum is up over 250 per cent. Both are at three-year highs.
Cryptos are speculative stores of value. Coins are unique codes, not fiat currency backed by central banks. A coin can be broken up into fractions, each fraction defined by its unique code. Every crypto transaction is verified by a peer-process of blockchain matching, to see if a given coin is valid, if it is