#MarketRebound Bitcoin (BTC) is a decentralized digital currency introduced in 2009 by an anonymous person or group using the name Satoshi Nakamoto. It operates on a peer-to-peer network without the need for central authorities like banks or governments. Transactions are verified through blockchain technology, a public ledger maintained by miners using computational power. Bitcoin is limited to 21 million coins, making it deflationary in nature. It is widely seen as both a digital asset and a store of value, often compared to gold. Bitcoin has influenced the rise of other cryptocurrencies and plays a major role in the evolving financial ecosystem.