$BTC 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 2009 by an anonymous entity known as Satoshi Nakamoto. Bitcoin transactions are recorded on a public ledger called the blockchain, maintained by a network of nodes through cryptography and consensus mechanisms.

As of January 7, 2025, Bitcoin's circulating supply is approximately 19.8 million BTC, with a maximum supply capped at 21 million BTC. This scarcity is a fundamental aspect of Bitcoin's value proposition. Bitcoin has gained significant attention as both a digital asset and a potential hedge against traditional financial market volatility. Its decentralized nature and limited supply have contributed to its perception as "digital gold."

In recent developments, Bitcoin's dominance in the cryptocurrency market has reached its highest level since 2021, indicating a growing preference for Bitcoin over other digital assets among investors. Additionally, Bitcoin's price surpassed the $100,000 milestone in December 2024, reflecting increased institutional adoption and expectations of a crypto-friendly regulatory environment.

For those interested in acquiring Bitcoin, it can be purchased through various cryptocurrency exchanges and platforms. It's essential to conduct thorough research and consider factors such as security, fees, and regulatory compliance when choosing a platform for buying or trading Bitcoin. Additionally, understanding the risks associated with cryptocurrency investments is crucial, as the market is known for its volatility.

For more detailed information about Bitcoin, including its history, technical aspects, and latest developments, you can visit the official website at bitcoin.org.