Bitcoin (BTC) is the first decentralized cryptocurrency, created in 2009 by an anonymous person or group known as Satoshi Nakamoto.

Key aspects of BTC:

* Decentralization: Operates without a central authority like a bank. Transactions are peer-to-peer on a distributed ledger called the blockchain.

* Limited Supply: There is a maximum supply of 21 million BTC, making it a scarce digital asset.

* Mining: New bitcoins are created through a process called mining, which involves solving complex computational problems.

* Volatility: The price of BTC is known for its significant fluctuations.

As of Wednesday, May 14, 2025, at approximately 2:24 AM in Saudi Arabia, the live price of Bitcoin is around $104,200 USD, which is roughly 390,600 Saudi Riyal. Its market capitalization is over $2.07 trillion USD, making it the most valuable cryptocurrency. In the last 24 hours, BTC has shown a price increase of approximately 1-3%.