$BTC

Bitcoin (BTC) is the first and most well-known cryptocurrency, created in 2008 by an anonymous entity or person known as Satoshi Nakamoto. It operates on a decentralized peer-to-peer network, meaning it is not controlled by any central authority like a bank or government. Bitcoin transactions are verified through a process called mining, which involves solving complex mathematical problems on a blockchain, a public ledger that records all transactions.

Bitcoin’s total supply is capped at 21 million coins, making it deflationary in nature. It is often viewed as a store of value, digital gold, or a hedge against inflation. Bitcoin is widely used for both investment and as a medium of exchange. Its price is highly volatile, influenced by market demand and macroeconomic factors.