$BTC
Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2009 by the pseudonymous Satoshi Nakamoto. It operates on a decentralized blockchain network, enabling peer-to-peer transactions without intermediaries like banks. Bitcoin's supply is capped at 21 million coins, making it a deflationary asset. Its value is driven by scarcity, adoption, and market demand, often leading to high volatility. Bitcoin is used for investments, remittances, and as a hedge against inflation. Major companies and institutions now accept or invest in BTC, boosting its legitimacy. However, it faces challenges like regulatory scrutiny, energy consumption concerns (due to Proof-of-Work mining), and scalability issues. Despite this, Bitcoin remains the dominant cryptocurrency, shaping the future of digital finance.#