Bitcoin ($BTC)
Bitcoin is a decentralized cryptocurrency created in 2009 by an individual or group of people using the pseudonym Satoshi Nakamoto. It is the first digital currency and plays a crucial role in initiating the global blockchain revolution.
Why is Bitcoin important?
1. Decentralization: Not controlled by any government or organization.
2. Security and Transparency: Transactions are recorded on the blockchain, increasing transparency and reducing the risk of fraud.
3. Limited supply: Only 21 million Bitcoins will be created, making it a scarce asset like digital gold.
Current situation:
Bitcoin has become a popular investment channel, regarded as “digital gold” in the investment community. However, its value is highly volatile, depending on factors such as supply and demand, monetary policy, and community acceptance.
Risks:
Bitcoin also faces many challenges such as significant price volatility, the risk of cyber attacks, and uncertainty in regulatory management from countries.
Future:
Bitcoin has the potential to change the traditional financial system, becoming a means of storing value and global payment if widely accepted.
Bitcoin ($BTC) price candlestick chart:
