$BTC
Understanding Bitcoin ($BTC)
Bitcoin is a decentralized digital currency that operates on a peer-to-peer network, free from central authority control. It was introduced in 2009 by Satoshi Nakamoto and has since become a popular investment asset and store of value.
*Key Features:*
- *Decentralization*: Bitcoin operates without a central bank or single administrator, reducing censorship and fraud risks.
- *Security and Privacy*: Transactions are recorded on a public ledger called a blockchain, ensuring transparency and security.
- *Limited Supply*: The total supply of Bitcoin is capped at 21 million, preventing inflation and maintaining value.
*Current Market Data:*
- *Current Price*: $105,948.90
- *Market Capitalization*: $2.09 trillion
- *24-hour Price Change*: 0.40%
Bitcoin's significance extends beyond its price, offering a revolutionary financial tool that challenges traditional monetary systems and provides financial access to underserved communities ¹ ².
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