$BTC

Bitcoin (BTC) is a decentralized digital currency that was invented in 2008 by an anonymous person or group using the pseudonym Satoshi Nakamoto. It operates without a central authority or government, relying instead on a peer-to-peer network and blockchain technology to record transactions. Bitcoin can be used for online purchases, investments, or transfers between individuals anywhere in the world. New bitcoins are created through a process called mining, where powerful computers solve complex mathematical problems. The total supply of Bitcoin is capped at 21 million, which contributes to its scarcity and perceived value. Its price is highly volatile, influenced by market demand, investor sentiment, regulation, and technological developments. As the first cryptocurrency, Bitcoin paved the way for the broader crypto ecosystem.