$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 2008 by an anonymous entity known as Satoshi Nakamoto.

As of January 31, 2025, Bitcoin is trading at approximately $104,216, reflecting a slight decrease of 0.94% from the previous close. The day's trading range has seen a high of $106,351 and a low of $103,907.

In recent developments, Bitcoin's price surpassed the $100,000 milestone on December 5, 2024, trading at $102,900, largely fueled by expectations of a crypto-friendly regulatory environment under recently elected U.S. President Donald Trump.

Additionally, the U.S. Securities and Exchange Commission (SEC) has granted accelerated approval to the New York Stock Exchange (NYSE) to list and trade options tied to three spot Bitcoin exchange-traded funds (ETFs). These funds include the Fidelity Wise Origin Bitcoin Fund, the ARK21Shares Bitcoin ETF, and the Grayscale Bitcoin Trust BTC.

Bitcoin's market capitalization has also seen significant growth, reaching $1.8 trillion and surpassing silver, making it the seventh-largest asset globally.

For those interested in acquiring Bitcoin, platforms like Coinbase offer secure online services for buying, selling, transferring, and storing cryptocurrency.

Please note that cryptocurrency markets are highly volatile. It's essential to conduct thorough research and consider your financial situation before engaging in any transactions.