#BTCvsMarkets "Crypto" is short for cryptocurrency, which is a type of digital or virtual currency that uses cryptography for security. The most well-known example is Bitcoin, but there are many others, like Ethereum, Solana, and Ripple (XRP).

Here are the key points about crypto:

1. Decentralized: Most cryptocurrencies are not controlled by a central authority like a bank or government. They run on blockchain technology, which is a distributed ledger maintained by a network of computers.

2. Blockchain: This is the technology behind crypto. It’s a secure, transparent, and unchangeable record of transactions.

3. Ownership: You store your crypto in digital wallets, and you access it with a private key (kind of like a super-secure password).

4. Use Cases: People use crypto for investing, transferring money internationally, buying things online, and even building decentralized apps (dApps).

Want a simple analogy