$BTC
Bitcoin (BTC) is a decentralized digital currency that enables fast peer-to-peer transactions worldwide with low processing fees. Its current price is $96,571.43, with a 2.25% increase in the last 24 hours. Bitcoin operates on a proof-of-work consensus mechanism, where transactions are validated through cryptography and recorded on a public distributed ledger called a blockchain.
*Key Features:*
- *Decentralized*: No central authority or banks control Bitcoin.
- *Limited Supply*: The total supply is capped at 21 million BTC.
- *Pseudonymous*: Users can make transactions without revealing their identities.
- *Open-source*: Bitcoin's design is public, and anyone can participate in its development.
Bitcoin has gained popularity as an investment and has been adopted as legal tender in El Salvador. Its price has been volatile, reaching $100,000 for the first time in December 2024 ¹ ².