$BTC
Bitcoin (BTC) Overview
Bitcoin (BTC) is the first and most well-known cryptocurrency, launched in 2009 by an anonymous person or group known as Satoshi Nakamoto. It introduced the concept of a decentralized digital currency, operating without a central authority or middlemen, relying on a peer-to-peer network secured by blockchain technology.
Bitcoin’s blockchain is a public ledger that records every transaction, ensuring transparency and security. BTC is limited to a supply of 21 million coins, making it a deflationary asset often referred to as “digital gold.” This scarcity, combined with decentralization, has made Bitcoin a popular store of value and hedge against inflation.
BTC can be used for peer-to-peer payments, investment, and as a base asset for many financial products and cryptocurrencies. Its price is highly volatile, influenced by factors such as adoption rates, regulatory developments, macroeconomic trends, and market sentiment.
Over the years, Bitcoin has sparked a global movement, inspiring thousands of alternative cryptocurrencies and blockchain projects. It remains the largest cryptocurrency by market capitalization and continues to attract interest from retail investors, institutions, and governments.
Bitcoin’s decentralized nature and fixed supply make it a revolutionary asset, challenging traditional finance and reshaping the future of money.