$BTC
Bitcoin ($BTC) is the world’s first and most widely recognized cryptocurrency, created in 2009 by an anonymous entity known as Satoshi Nakamoto. It operates on a decentralized blockchain network, allowing peer-to-peer transactions without the need for banks or intermediaries. Bitcoin's supply is limited to 21 million coins, making it a scarce digital asset often compared to gold.
As a store of value and hedge against inflation, Bitcoin has gained institutional and retail investor interest. Its price is highly volatile, influenced by market demand, regulatory changes, and macroeconomic factors. BTC transactions are secured through a process called Proof of Work (PoW), relying on miners who validate transactions and maintain network integrity.
Bitcoin is used for payments, remittances, and as a speculative investment. While some governments embrace it, others impose restrictions due to concerns over regulation, energy consumption, and illicit use. Despite challenges, Bitcoin continues to shape the future of digital finance.