$BTC

Launched in 2009, Bitcoin is the very first ever decentralized cryptocurrency and started gaining momentum back in 2012. Both interest and value in regard to Bitcoin began to rise in that year and this resulted in an increase in the number of users. Early Bitcoin users saw the possibilities of Blockchain technology and therefore the currency quickly grew in popularity as a new asset class. The opportunity to transact via Bitcoin was brought closer to the general public in 2013 when its price exceeded the $1000 mark for the very first time. Thereafter, Bitcoin started getting public and institutional endorsements that resulted in it v capitalizing above $68,000 at some point in 2021, a feat that seemingly signifies more acceptance of using Bitcoin as a digital currency. From the above information, there seems to be a consistent growth in the amount of trust placed upon a decentralized economy.