Bitcoin, the pioneer cryptocurrency, has experienced significant growth since its inception in 2009. Initially valued at mere fractions of a cent, Bitcoin's price has skyrocketed over the years, reaching unprecedented highs and captivating the attention of investors worldwide.

One of the key drivers of Bitcoin's growth has been its limited supply. With only 21 million bitcoins ever to be mined, scarcity plays a crucial role in determining its value. As demand for Bitcoin increases, fueled by factors such as institutional adoption, mainstream acceptance, and geopolitical uncertainties, its price tends to rise.

In recent years, institutional interest in Bitcoin has surged, with prominent companies and investors allocating a portion of their portfolios to cryptocurrency. This institutional adoption not only lends credibility to Bitcoin but also introduces large sums of capital into the market, further driving up its price.

Moreover, the growing acceptance of Bitcoin as a store of value and a hedge against inflation has led to increased demand among retail investors. With traditional fiat currencies susceptible to devaluation and central bank manipulation, Bitcoin offers a decentralized alternative immune to government interference.