Bitcoin $BTC is a decentralized digital currency, without a central bank or single administrator, that can be sent from user to user on the peer-to-peer bitcoin network without the need for intermediaries.
Latest analyses of Bitcoin often focus on its volatility, its increasing adoption by institutional investors, and its potential as a hedge against inflation. Some analysts view Bitcoin as "digital gold," a store of value that could rival traditional safe-haven assets. Others are more cautious, pointing to regulatory uncertainties and environmental concerns related to its energy consumption. The emergence of Bitcoin ETFs and the growing interest from major financial players indicate a maturing market, but debates continue about its true intrinsic value and its role in the future of finance.
Here's an image to illustrate the concept:

BTC
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