$BTC Current Price (as of June 17, 2025):

The price of Bitcoin fluctuates constantly due to market demand, supply, speculation, and other factors. As of today, June 17, 2025, the price of 1 Bitcoin is approximately $108,621.60 USD.

Key Characteristics and Uses:

* Store of Value: Many consider Bitcoin a "digital gold" or a store of value, especially given its limited supply and potential for appreciation.

* Medium of Exchange: While its volatility can make it less practical for everyday purchases, some businesses and individuals do accept Bitcoin as payment.

* Investment: Bitcoin is widely traded on cryptocurrency exchanges and is a popular investment asset for many.

* Global and Borderless: Transactions can be sent and received anywhere in the world with an internet connection, without the need for traditional banking systems.