$BTC The ticker symbol $BTC commonly refers to Bitcoin, the first and most well-known decentralized digital cryptocurrency. Launched in 2009, Bitcoin operates on a technology called blockchain, a distributed public ledger that records all transactions. Unlike traditional currencies issued by governments, Bitcoin is not controlled by a central authority. Its value is determined by supply and demand in the market, as well as factors like adoption, regulation, and public perception. Bitcoin has gained significant popularity as both a speculative investment and a potential alternative to traditional financial systems. Its limited supply of 21 million coins is a key characteristic often cited in discussions about its long-term value proposition.
As of today, May 15, 2025, 1 Bitcoin is equivalent to 7,519,713.37 Gambian Dalasi. However, cryptocurrency prices are highly volatile and can change rapidly.