Cryptocurrency has a relatively short history, as Bitcoin (BTC), the first decentralized digital coin, was only released in 2009. Within a decade, however, this medium of exchange has grown tremendously. Tens of thousands of cryptocurrencies have been released after BTC, and these digital coins are now considered to be a regular component of a well-balanced portfolio.
In fact, the demand for cryptocurrencies has grown considerably lately. According to a 2021 CNBC survey, 1 in 10 people have invested in cryptocurrency, and 65% of the respondents have gotten into this asset class just last year.