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Bitcoin, the oldest and most popular cryptocurrency, is a digital cash alternative introduced in 2009 that rapidly grew in popularity and now boasts a global user base.
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Enthusiasts point to bitcoin’s decentralized nature—meaning it is not created or controlled by any central government—lending it several potential advantages.
As of early 2025, cryptocurrencies had a cumulative market cap of almost $3.4T, making them worth more than some of the world’s most valuable companies, like Google and Amazon (both valued at roughly $2.3T).
A recent survey found roughly 17% of US adults had invested in, traded, or used cryptocurrency.
Bitcoin’s value remained relatively low until around 2017, but has peaked above $100K per coin as of this writing.
Critics argue that many types of cryptocurrencies are susceptible to boom-and-bust cycles, making investments risky for those without a clear understanding of the ecosystem.
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