$BTC Bitcoin (BTC) is the first and most well-known decentralized digital currency, created in 2009 by an anonymous person or group known as Satoshi Nakamoto. It operates on a technology called blockchain, a distributed public ledger that records all transactions across many computers. This decentralized nature means it is not controlled by a single entity like a central bank.

Bitcoin's price is highly volatile and influenced by various factors including supply and demand, investor sentiment, regulatory news, and macroeconomic events. Currently, on April 13, 2025, the price of Bitcoin is fluctuating around $84,000 - $85,000 USD. Recent market analysis suggests a slightly negative outlook in the short to medium term, with potential support levels around $70,000 and resistance around $92,500. However, some longer-term analyses remain positive.

Bitcoin has a limited supply of 21 million coins, which is a key factor in its store-of-value proposition, often compared to gold. It can be used for peer-to-peer transactions without intermediaries, and its adoption by businesses and institutional investors continues to grow. The cryptocurrency market, including Bitcoin, has seen significant growth over the years and is expected to continue expanding.