#BTCOutlook

Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for intermediaries like banks or governments. It was introduced in 2008 by an anonymous entity known as Satoshi Nakamoto and has since become the most prominent cryptocurrency globally.

In recent developments, Bitcoin's price surpassed $100,000 in December 2024, reaching a peak of approximately $107,000. This surge was influenced by President-elect Donald Trump's proposal to establish a U.S. Bitcoin strategic reserve, signaling a potential shift towards integrating cryptocurrencies into national financial strategies.