Key cryptocurrency terms and what they mean
Liv McMahon, Joe Tidy & Brandon Drenon
BBC News
Getty ImagesBitcoin’s price reaching a new high of $120,000 (£89,000) – buoyed by US President Donald Trump’s crypto-friendly stance – has kept the buzzy world of cryptocurrencies in the spotlight.
But it also contains confusing terms such as ETFs, blockchains and cold wallets, that can make the topic somewhat tricky to navigate.
Worry not.
If you’re hearing these for the first time, or simply need a refresher, here are a few key terms and what they mean.
Bitcoin
While many may struggle with the finer points of crypto, pretty much everyone has heard of its most famous product: Bitcoin. But what actually is it?
Bitcoin is a cryptocurrency, which is to say a type of digital currency. Unlike…
