$BTC BTC stands for Bitcoin, the first and most well-known cryptocurrency, created in 2009 by an anonymous person or group known as Satoshi Nakamoto. It operates on a decentralized network using blockchain technology, allowing peer-to-peer transactions without a central authority like a bank.
Bitcoin is often seen as "digital gold" due to its limited supply of 21 million coins and its role as a store of value. It’s used for investment, remittances, and sometimes as a hedge against inflation. Its price is highly volatile, influenced by market sentiment, regulations, adoption, and macroeconomic trends. BTC remains the benchmark for the entire crypto market.