$BTC *BTC* refers to *Bitcoin (BTC)*, the first and most well-known *cryptocurrency*.
Bitcoin was created in *2009* by an anonymous person or group known as *Satoshi Nakamoto*. It is a *digital asset* and a form of *decentralized currency*, meaning it operates without a central authority, such as a bank or government. Bitcoin transactions are verified by network nodes using cryptography and recorded on a public ledger called a *blockchain*.
Key features of *Bitcoin* (BTC):
1. *Decentralization*: Bitcoin operates on a decentralized network, meaning no single entity controls it.
2. *Limited Supply*: There will only ever be *21 million* Bitcoins in existence, which makes it a deflationary asset.
3. *Peer-to-Peer Transactions*: Bitcoin allows for direct transactions between users without intermediaries.
4. *Store of Value*: Bitcoin is often referred to as "digital gold" due to its potential to act as a store of value.
*$BTC* is often used to track the *market value* of Bitcoin and its *price* in cryptocurrency markets. If you're interested in the current price or market trends, you can visit cryptocurrency platforms like *CoinMarketCap* or *CoinGecko* for real-time updates.