$BTC Bitcoin (BTC) is the first and largest cryptocurrency by market capitalization. Here are some key importance of BTC:

Economic Importance

1. *Store of Value*: BTC is considered a store of value, similar to gold, due to its limited supply and decentralized nature.

2. *Medium of Exchange*: BTC is increasingly being accepted as a medium of exchange, with many businesses and merchants accepting it as payment.

3. *Hedge Against Inflation*: BTC's limited supply and decentralized nature make it an attractive hedge against inflation and currency devaluation