$BTC **$BTC** refers to **Bitcoin**, the original and most well-known cryptocurrency. Here's a quick overview:
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### **Bitcoin ($BTC) Overview**
- **Launched:** 2009 by an anonymous person/group named *Satoshi Nakamoto*
- **Purpose:** A decentralized digital currency without a central bank or single administrator
- **Supply Cap:** 21 million BTC
- **Blockchain:** Proof-of-Work (PoW), maintained by miners
- **Use Cases:**
- Store of value ("digital gold")
- Peer-to-peer payments
- Hedge against inflation (according to some investors)
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### **Key Features**
- **Decentralized:** No single authority
- **Secure:** Backed by cryptographic principles
- **Transparent:** All transactions are recorded on a public ledger
- **Divisible:** Smallest unit is 1 satoshi = 0.00000001 BTC
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### **Recent Trends**
Bitcoin continues to lead the crypto market and is often the first asset targeted in bull or bear cycles. Institutions like BlackRock and Tesla have shown interest in BTC, increasing mainstream adoption.
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