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#TradingTypes101
BTC = Bitcoin

BTC is the ticker symbol traders use for Bitcoin (₿), the world’s first decentralised, peer-to-peer digital currency. Introduced in a 2008 white-paper by the pseudonymous Satoshi Nakamoto and launched in January 2009, Bitcoin was designed to let anyone anywhere send value online without relying on banks or governments.

How it works (in a nutshell)

ConceptWhat it meansBlockchain ledgerEvery transaction is grouped into time-stamped “blocks.” Once miners validate a block, it links permanently to the chain, creating a public, tamper-resistant record.Proof-of-Work miningSpecialized computers race to solve a cryptographic puzzle roughly every 10 minutes. The winner adds the next block and earns newly minted BTC plus fees.Fixed supplyOnly 21 million BTC will ever exist, released on a schedule that halves the new-coin reward about every four years (“halvings”). Scarcity underpins Bitcoin’s “digital-gold” narrative.

Why people use Bitcoin

Store of value / “digital gold.” Some investors view BTC as a hedge against currency debasement or geopolitical risk.

Borderless payments & remittances. Anyone with an internet connection can hold or send BTC 24/7 without intermediaries.

Speculation & trading. High volatility offers opportunities—and risks—for traders.

Building block for broader crypto finance. While Bitcoin’s own scripting language is limited, wrapped or bridged BTC is used as collateral in other crypto networks.

What’s BTC worth right now?

As of June 10 2025, Bitcoin is trading near $109 k per coin, recovering from last week’s dip below $102 k. Analysts describe the recent move as a “peaceful rally,” with markets watching to see whether BTC retests its March all-time high around $112 k.

A constantly evolving story

Because Bitcoin is open-source and permissionless, headlines change fast—from corporate treasury strategies (e.g., Japanese group Metaplanet’s $5 bn accumulation plan) to occasional misinformation such as the hacked Paraguayan-presidential account falsely claiming Bitcoin adoption.