Cryptocurrency is a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds,operating independently of a central bank
The price of cryptocurrencies is determined by supply and demand. When demand for bitcoins increases, the price increases, and when demand falls, the price falls. There is only a limited number of cryptocurrencies in circulation and new cryptocurrencies are created at a predictable and decreasing rate, which means that demand must follow this level of inflation to keep the price stable.