$BTC the pioneering cryptocurrency, operates on a decentralized blockchain, enabling peer-to-peer transactions without intermediaries. As of June 16, 2025, its market cap exceeds $2 trillion, with a price around $100,000, driven by institutional adoption and Trump’s Strategic Bitcoin Reserve initiative. Its fixed 21 million supply cap fuels scarcity, though volatility persists due to regulatory shifts and market sentiment. Mining remains energy-intensive, sparking environmental debates. Despite competition from altcoins, $BTC’s dominance endures.