$BTC Bitcoin (BTC) is the pioneering decentralized digital currency, introduced in 2008 by the pseudonymous Satoshi Nakamoto. Operating without a central authority, it enables peer-to-peer transactions recorded on a public, distributed ledger called the blockchain. Its supply is capped at 21 million coins, contributing to its scarcity.

Currently, Bitcoin is trading around $103,000, marking a significant recovery and reaching levels last seen in January 2025. Its market capitalization stands at a substantial $2.04 trillion, solidifying its position as the leading cryptocurrency with approximately 67% market dominance. Recent analysis suggests a bullish trend, with potential for further upward movement, possibly testing the $105,000 - $110,000 range if current momentum holds.

Bitcoin's fundamental value proposition includes its decentralized nature, limited supply, and increasing adoption as a digital store of value and medium of exchange. Its historical price volatility is notable, but long-term projections by analysts like those at ARK Invest suggest potential prices ranging from $300,000 to $1.5 million by 2030, driven by institutional adoption and its role as a digital alternative to gold. The next significant event to watch is Bitcoin Pizza Day on May 22, 2025.