$BTC
Bitcoin (BTC) is the first decentralized cryptocurrency, introduced in 2009 by an anonymous entity known as Satoshi Nakamoto. Operating on a peer-to-peer network, Bitcoin enables secure, transparent transactions without relying on intermediaries like banks. Its foundation is blockchain technology—a distributed ledger that records all transactions immutably.
BTC is both a currency and a store of value, often referred to as "digital gold." It has a capped supply of 21 million coins, making it deflationary and resistant to inflation. Miners validate transactions and secure the network by solving complex mathematical problems, earning BTC as a reward.
Bitcoin’s value is highly volatile, influenced by factors like adoption, regulation, and market sentiment. While it offers financial freedom and borderless transactions, it also faces challenges like scalability and environmental concerns. Despite this, Bitcoin remains a pioneer in the cryptocurrency space, driving innovation in decentralized finance and blockchain technology.