Bitcoin (BTC) is the first and largest cryptocurrency, created in 2009 by Satoshi Nakamoto. It is a decentralized digital currency that operates without banks or governments, based on blockchain technology.

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How Does It Work?

Bitcoin transactions are recorded on a public and immutable blockchain and are verified by "miners" through a proof-of-work process. There will only be 21 million Bitcoins, making it scarce like gold.

Advantages and Disadvantages

Advantages: It is decentralized, very secure, its transactions are transparent and globally accessible, and many see it as a store of value against inflation. Its liquidity and institutional adoption are growing (e.g., ETFs).

Disadvantages: Its price is very volatile, it can be complex for beginners, it faces regulatory risks, and losing the wallet keys means irreversible loss of funds. Additionally, its mining consumes a lot of energy.

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Current Value

As of May 25, 2025, the price of 1 BTC is around $107,000 - $110,000 USD, with a market capitalization of approximately $2.14 trillion USD, being the dominant cryptocurrency worldwide.