CRYPTOCURRENCIES: A PRIMER

On March 12, the price of Bitcoin cryptocurrency reached over
$61,000, posting what amounts to a 300% annualized return
over the past 10 years.1
The reality of this complex and largely
misunderstood asset is that its value is consistently growing over
time. In fact, by mid-August 2021, the combined market value of
Bitcoin and other cryptocurrencies totaled more than $2 trillion.2