$BTC **Bitcoin ($BTC)**
Bitcoin, the pioneering decentralized cryptocurrency, operates on a blockchain network, enabling peer-to-peer transactions without intermediaries. As digital "gold," it’s prized for scarcity (capped at 21 million), censorship resistance, and as a hedge against inflation. Volatility remains a challenge, but institutional adoption (ETFs, corporate treasuries) signals growing mainstream acceptance. Bitcoin’s proof-of-work consensus ensures security but faces criticism for energy use. It facilitates cross-border transfers and serves as a store of value in unstable economies. Regulatory scrutiny persists, balancing innovation with risks. While not a stablecoin, Bitcoin’s decentralized ethos and finite supply underpin its role as a transformative asset in global finance.