Bitcoin ($BTC
) is the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group known as Satoshi Nakamoto. It operates on a decentralized blockchain network, where transactions are verified by miners using cryptographic algorithms. Bitcoin offers a peer-to-peer, trustless payment system without the need for banks or governments. It has a fixed supply of 21 million coins, making it deflationary by nature. Often referred to as “digital gold,” BTC is used for investment, payments, and as a hedge against inflation. Its price is highly volatile, influenced by market demand, regulations, and global economic trends.