Bitcoin $BTC is the first and most well-known cryptocurrency in the world. It was created in 2009 by an anonymous person or group using the name Satoshi Nakamoto. Bitcoin operates on a decentralized system called blockchain, which is a digital ledger that records all transactions transparently and securely without the need for a central authority like a bank.
Bitcoin has revolutionized the financial world because it allows people to send and receive money across borders quickly and with relatively low fees. Its limited supply of 21 million coins also makes it a form of digital gold, often seen as a hedge against inflation. Many investors see Bitcoin as a long-term store of value and a way to diversify their portfolios.
However, Bitcoin's value can be very volatile, with prices fluctuating widely over short periods. Despite this, its popularity continues to grow, and more businesses and institutions are accepting it as a form of payment. As the first cryptocurrency, Bitcoin remains a pioneer and a symbol of the digital currency movement. #Cryptochart101