$BTC #DolugCrypto
What is Bitcoin (BTC)? An Overview of the Digital Gold in the Crypto Market
Bitcoin (BTC) is the first and largest cryptocurrency in the market, often referred to as “digital gold” due to its scarcity, decentralization, and censorship resistance. With a limited total supply of 21 million BTC, Bitcoin has become an attractive store of value in the context of inflation and financial instability.
However, the price of BTC often fluctuates significantly, influenced by:
• Market sentiment and investment flows
• Interest rate policies from central banks
• Regulatory frameworks in major countries such as the US, EU, and China
In addition to its long-term price potential, Bitcoin still faces significant challenges such as:
• Limited network scalability
• High energy consumption raising environmental concerns
With the recent Bitcoin halving event, the reduced supply could trigger the next price surge. However, investors should remain cautious, avoid FOMO, and carefully assess risks and long-term objectives.