Bitcoin (BTC)

Bitcoin (BTC) is a decentralized digital currency, created in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. It operates on a peer-to-peer network, utilizing blockchain technology to enable secure and transparent transactions without the need for intermediaries like banks. Bitcoin transactions are verified by network nodes through cryptography. The total supply of Bitcoin is capped at 21 million, making it a deflationary asset. Users can acquire bitcoins through mining or by purchasing them on cryptocurrency exchanges. Bitcoin's value is often influenced by factors such as market demand, adoption, regulatory developments, and macroeconomic trends. While some view Bitcoin as a store of value, others see it as a speculative investment. Its decentralized nature and limited supply contribute to its appeal, but it also faces challenges, including scalability issues and regulatory scrutiny. The ongoing evolution of the cryptocurrency space continues to shape Bitcoin's role in the broader financial landscape.