$BTC

The symbol "$BTC" commonly refers to the cryptocurrency Bitcoin, which is considered the first and most famous decentralized digital currency in the world. Bitcoin relies on blockchain technology, which is a distributed digital ledger that securely and transparently records all transactions. Bitcoin has experienced significant fluctuations in its value since its inception, making it a focal point for both investors and traders. Sometimes it is viewed as "digital gold" or a hedge against inflation, while others see it as a high-risk asset. The blockchain technology underlying Bitcoin has sparked widespread interest for its potential applications in various industries beyond digital currencies. The discussion around the future of Bitcoin and its impact on the global financial system is still ongoing.