$BTC

Bitcoin (BTC) is the first and most well-known cryptocurrency,created in2009 by an anonymous person or group of people using the pseudonym Satoshi Nakamoto. It operates on a decentralized network using blockchain technology, which is a distributed ledger that records all transactions across a network of computers.

🎯. Decentralization: Bitcoinis not controlled by any central authority, such as a government or financial institution. This decentralization allows for peer-to-peer transactions without intermediaries.

🎯. Limited Supply: The total supply of Bitcoin is capped at 21 million coins, making it a deflationary asset. This scarcity is designed to increase its value over time, similar to precious metals like gold.

🎯. Security: Bitcoin transactions are secured through cryptography and are verified by network nodes through a process called mining. This ensures that transactions are legitimate and prevents double-spending.

🎯. Anonymity and Transparency: While Bitcoin transactions are recorded on a public ledger, the identities of the users remain pseudonymous. This balance of transparency and privacy has attracted both supporters and critics.

🎯. Volatility: The price of Bitcoin can be highly volatile, with significant fluctuations occurring over short periods. This volatility can present both opportunities and risks for investors.