$BTC

### **Bitcoin (BTC) Overview**

Bitcoin (BTC) is the first and largest cryptocurrency, created in 2009 by the pseudonymous **Satoshi Nakamoto**. It operates on a **decentralized blockchain**, enabling peer-to-peer transactions without intermediaries.

**Key Features:**

- **Limited supply:** Capped at **21 million BTC**, making it deflationary.

- **Decentralized:** No central authority controls Bitcoin.

- **Secure:** Powered by **proof-of-work (PoW)** mining.

**Market Influence:**

BTC dominates crypto with a **~50% market share**. Its price is highly volatile, driven by:

- **Institutional adoption** (ETFs, corporate holdings)

- **Macroeconomic factors** (Fed policy, inflation)

- **Regulatory developments**

**Recent Trends:**

After hitting an **all-time high near $74K** in March 2024, BTC has consolidated around **$60K–$65K**. Analysts debate whether it will surge post-halving or face a deeper correction.

**Future Outlook:**

Long-term believers see BTC as **"digital gold,"** while critics highlight its energy use and regulatory risks. Its next major move depends on **adoption, macro trends, and market sentiment**.