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April 12, 2021 09:09 ET | Source: Facts & Factors

[225+ Pages Research Report] According to the recent research report; the global Cryptocurrency Market in 2019 was approximately USD 792.53 Million. The market is expected to surge at a CAGR of 30% and is anticipated to surpass USD 5,190.62 Million by 2026. Top market players in the market are Bitfinex, Bitfury Group Limited, Bitstamp, Coinbase, Inc., OKEx, Circle Internet, financial Limited, Ripple Labs, Inc. and others.

New York, NY, April 12, 2021 (GLOBE NEWSWIRE) — Facts and Factors have published a new research report titled “Cryptocurrency Market By Type (Bitcoin, Ethereum, Ripple, Litecoin, Dashcoin, Others), By Component (Hardware, Software), By Process (Transaction, Mining), and By End-Users Analysis (Banking, Real Estate, Stock Market & Virtual Currency, Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026”.

“According to the research report, the global Cryptocurrency Market was estimated at USD 792.53 Million in 2019 and is expected to reach USD 5,190.62 Million by 2026. The global Cryptocurrency Market is expected to grow at a compound annual growth rate (CAGR) of 30% from 2019 to 2026”.

Cryptocurrency Market: Overview and Definition

Cryptocurrency is a virtual or digital currency. It is the internet-based medium of exchange that conducts financial transactions by using cryptographical functions. Cryptocurrencies support blockchain technology to achieve decentralization and transparency. The cryptocurrency is not controlled by any central authority. Cryptocurrencies can be sent between two parties directly using both private and public keys. The transfers can be made with minimal processing fees, which allows the users to prevent the high fees which traditional financial institutions charge.

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