$BTC BTC stands for Bitcoin, the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group known as Satoshi Nakamoto.
Key points about Bitcoin (BTC):
Decentralized: No government or central bank controls it.
Blockchain: Transactions are recorded publicly and immutably on a distributed ledger.
Limited supply: Only 21 million Bitcoins will ever exist.
Mining: New Bitcoins are created through a process called mining, which involves solving complex mathematical problems.
Use cases: Store of value (like digital gold), medium of exchange, and hedge against inflation.
Volatility: Bitcoin’s price can fluctuate wildly, driven by demand, regulation, adoption, and market sentiment.