which one of the statements is true about cryptocurrency?

The true statement about cryptocurrency is that it is a type of digital asset that can be owned. Cryptocurrencies operate on blockchain technology but do not control it; rather, they utilize it for transactions. They are digital currencies secured by cryptography, usable as assets that people can buy, sell, and hold. Their value is influenced by demand, supply, and utility, not by the number of data blocks they contain. Bitcoin, as a prominent example, uses blockchain to solve issues like double spending and is not controlled by any single entity. Cryptocurrencies are often misunderstood but are increasingly recognized for real-world use beyond myths of illicit activity or lack of value.