#TradingPsychology Bitcoin (BTC) is a decentralized digital currency that operates without a central authority or bank. Created in 2009 by the pseudonymous Satoshi Nakamoto, it uses blockchain technology to enable secure, transparent peer-to-peer transactions. Bitcoin has a fixed supply of 21 million coins, making it deflationary by nature. It’s often referred to as “digital gold” due to its potential as a store of value. Bitcoin can be used for purchases, investment, and as a hedge against inflation. Its value is highly volatile, influenced by market demand, regulation, and adoption. Bitcoin remains the most well-known and widely used cryptocurrency in the world.
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