#BTCRebound Bitcoin is a decentralized digital currency that operates on a peer-to-peer network, eliminating the need for traditional financial intermediaries. Launched in 2009 by the pseudonymous Satoshi Nakamoto, it uses blockchain technology to maintain a transparent, tamper-proof ledger of all transactions. Bitcoin's design limits its total supply to 21 million coins, creating scarcity similar to precious metals. Its fluctuating price has sparked both intense speculative interest and debates about its long-term viability as a currency. Despite volatility, Bitcoin has paved the way for a burgeoning ecosystem of cryptocurrencies and innovative financial products worldwide.