$BTC
Bitcoin (#BTC) is the first decentralized cryptocurrency, created by an anonymous entity known as Satoshi Nakamoto in 2009. It operates on a peer-to-peer network using blockchain technology, which ensures secure, transparent, and immutable transactions without relying on any central authority or intermediary. Bitcoin’s total supply is capped at 21 million coins, a feature that creates scarcity and has contributed to its growing value over time. Often referred to as "digital gold," Bitcoin is viewed by many as a store of value, particularly during times of economic uncertainty or inflation.
Bitcoin’s volatility, however, makes it a risky investment, with its price often experiencing significant fluctuations. Despite this, it has gained widespread adoption, not just as a form of payment, but as an asset class in portfolios worldwide. Its impact has paved the way for the entire cryptocurrency market, influencing the development of thousands of other digital currencies and blockchain applications.