$BTC Bitcoin ($BTC) is the world's first and most widely recognized cryptocurrency. It operates on a decentralized network, meaning transactions occur directly between users without intermediaries like banks. Bitcoin's value is determined by market demand and supply, and it has become a popular investment asset due to its potential for high returns and its role as a hedge against inflation.

Currently, Bitcoin is trading at approximately **$94,058.93 USD**, with a market cap of **$1.87 trillion USD**[](https://www.binance.com/en/price/bitcoin "1"). Its price has seen significant growth recently, with a 14% surge over the past two weeks[](https://insidebitcoins.com/press-releases/bitcoin-jumps-14-in-two-weeks-fueling-1m-projections-as-btc-bull-token-tops-5m "2"). Analysts are optimistic about its future, with some predicting it could reach $1 million sooner than expected[](https://insidebitcoins.com/press-releases/bitcoin-jumps-14-in-two-weeks-fueling-1m-projections-as-btc-bull-token-tops-5m "2").