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$BTC Bitcoin (BTC) is the world's first and largest decentralized cryptocurrency. It was created in 2008 by an anonymous entity known as Satoshi Nakamoto and launched in 2009. Here's a quick overview: * What it is: Bitcoin is a digital currency that operates on a peer-to-peer network without the need for a central authority like a bank or government. It uses cryptography to secure transactions and control the creation of new units. * How it works: Transactions are recorded on a public, distributed ledger called the blockchain. New entries are added through a process called "mining," where powerful computers solve complex mathematical problems. Miners are rewarded with Bitcoin for their efforts. * Key features: * Decentralized: No single entity controls Bitcoin. * Secure: Uses strong cryptography to protect transactions. * Transparent: All transactions are recorded on the public blockchain. * Limited supply: There will only ever be 21 million Bitcoins, making it a scarce asset. * Use cases: While initially designed as a peer-to-peer payment method, Bitcoin is now largely seen as a store of value, often referred to as "digital gold." It can be bought, sold, and traded on cryptocurrency exchanges, and some businesses accept it as payment. Current Price (as of June 21, 2025): * 1 Bitcoin (BTC) is approximately $103,911 USD (or 29,338,234.20 Pakistani Rupee). Recent News and Market Trends: * Strong institutional demand: US-listed Bitcoin ETFs have seen significant net inflows, indicating a growing appetite from institutional investors. * Derivatives market caution: Despite strong ETF inflows, Bitcoin futures premiums have fallen to a three-month low, suggesting some caution among derivatives traders. Options metrics also show a bearish sentiment. * Price volatility: Bitcoin remains highly volatile, with prices often moving significantly within short periods. *

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As of May 2025, the US national debt is approximately $36.2 trillion. It's important to note that this figure changes constantly due to ongoing government borrowing and repayments. Some sources, like the U.S. Treasury's "Debt to the Penny" dataset, provide daily updates, and as of June 17, 2025, it was around $36.215 trillion. Here are some additional key points about the US national debt: * Per-person debt: As of 2024, the federal debt was equivalent to approximately $106,000 per person. * Growing debt: The debt has been increasing significantly, growing by about $1 trillion every three months. * Debt as a percentage of GDP: The US national debt represents about 122% of the country's annual economic output (GDP). A higher debt-to-GDP ratio can indicate greater difficulty in repaying the debt. * Who owns the debt: Roughly three-quarters of the debt is held domestically by US private investors, intra-governmental US agencies, and the Federal Reserve. The remaining quarter is held by foreign investors, with Japan and the United Kingdom being the largest foreign holders. * Interest payments: A significant portion of the federal budget is allocated to paying interest on the debt, with estimates suggesting it could top $1 trillion before the decade is out.

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