$BTC BTC stands for Bitcoin, the first and most well-known cryptocurrency. It's a decentralized digital currency that allows peer-to-peer transactions over the internet without the need for a central authority like a bank or government.

Here are a few quick facts:

Ticker symbol: BTC

Network: Bitcoin blockchain

Max supply: 21 million coins

Consensus mechanism: Proof of Work (PoW)

Use cases: Store of value, hedge against inflation, cross-border payments

Bitcoin’s price is influenced by factors like:

FOMC decisions (interest rates)

Inflation data

Market sentiment

Regulatory developments

Adoption trends

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