$BTC $Btc
$BTC refers to Bitcoin, the first and most well-known cryptocurrency. It operates on a decentralized, peer-to-peer network using blockchain technology. Unlike traditional currencies, Bitcoin isn’t issued by a central bank—instead, it's created through a process called mining, where powerful computers solve complex mathematical problems.
Key Points About $BTC:
Symbol: BTC or ₿
Use Case: Digital currency for peer-to-peer transactions and a store of value.
Supply Cap: Limited to 21 million coins, making it deflationary.
Volatility: High price fluctuations, influenced by market sentiment, news, regulation, and macroeconomic trends.
Trading: BTC can be traded on crypto exchanges like Binance, Coinbase, and Kraken against fiat (USD, EUR) or other cryptocurrencies (ETH, USDT).
Security: Transactions are recorded on the blockchain, making them transparent and immutable.
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