Bitcoin (BTC) is the pioneering decentralized digital currency, created in 2009 by the pseudonymous Satoshi Nakamoto. It operates on a peer-to-peer network using blockchain technology, allowing secure transactions without intermediaries.
Currently trading around $102,700 with a market capitalization of approximately $2.04 trillion, Bitcoin's price is known for its volatility. Its supply is capped at 21 million coins, with around 19.86 million currently in circulation. The most recent halving event occurred on April 20, 2024, reducing the block reward for miners to 3.125 BTC.
Initially conceived as a medium of exchange, Bitcoin is increasingly viewed as a store of value and an investment asset. It's used for online transactions, and its adoption by businesses continues to grow.
