What is it? Bitcoin (BTC) is a decentralized digital currency, created in 2009 by an anonymous entity known as Satoshi Nakamoto. It operates on a peer-to-peer network without a central authority.

Technology: Runs on blockchain, a public ledger recording all transactions, secured by cryptography.

Supply: Capped at 21 million coins, with ~19.7 million in circulation as of August 2025.

Mining: Transactions are verified by miners using computational power, rewarded with new bitcoins.

Use Cases: Peer-to-peer payments, store of value ("digital gold"), and investment asset.

Price Volatility: Known for significant price swings; as of recent data, 1 BTC ≈ $60,000-$70,000 (varies by source).

Legal Status: Varies globally—accepted in some countries, restricted in others.

Wallets: Stored in digital wallets (hot or cold) for security.

Risks: Price volatility, regulatory uncertainty, and security risks (hacks, scams).#StrategyBTCPurchase #MarketPullback #AltcoinSeasonLoading #BinanceHODLerPLUME #REVABinanceTGE