$BTC Bitcoin is a decentralized digital currency that's changing the way we think about money. Here are some key points about Bitcoin:
- *Current Price*: $86,771.60, with a 2.56% increase in value recently
- *Market Capitalization*: $1.74 trillion
- *Limited Supply*: Capped at 21 million, with over 18.77 million already mined
- *Divisibility*: Can be divided up to eight decimal places, with the smallest unit being a Satoshi (0.00000001 BTC)
- *Uses*: Investment, store of value, and medium of exchange
Some experts see Bitcoin as a digital gold, providing a hedge against economic uncertainty and inflation due to its scarcity.¹