#XRPETFs Bitcoin, often referred to as BTC, is a decentralized digital currency that operates on a blockchain network. It was created in 2008 by an anonymous individual or group known as Satoshi Nakamoto. Bitcoin transactions are verified and recorded on a public ledger, making them transparent and secure. The value of Bitcoin fluctuates significantly, driven by market forces, investor sentiment, and regulatory developments. It has gained popularity as a store of value, a means of payment, and an investment asset. However, Bitcoin's volatility and potential for scams have also raised concerns among investors and regulators.