$BTC BTC refers to Bitcoin, the first and most widely recognized cryptocurrency. It operates on a decentralized network using blockchain technology to enable secure peer-to-peer transactions without the need for intermediaries like banks.
Here are some key details about Bitcoin:
Symbol: BTC
Launch: 2009 by an anonymous creator (or group) known as Satoshi Nakamoto
Supply Cap: 21 million BTC
Use Cases: Store of value, medium of exchange, and investment asset
Consensus Mechanism: Proof of Work (PoW)
Blockchain: The public ledger where Bitcoin transactions are recorded.