Bitcoin (BTC)

Bitcoin (BTC) is a decentralized digital currency that operates on a peer-to-peer network, allowing users to transact directly without the need for intermediaries like banks. It was introduced in 2009 by an unknown person or group using the pseudonym Satoshi Nakamoto. BTC is based on blockchain technology, a distributed ledger that records all transactions across a network of computers.
One of Bitcoin's key features is its limited supply, capped at 21 million coins, making it resistant to inflation. The process of generating new Bitcoins, known as mining, involves solving complex mathematical puzzles to validate transactions and secure the network.
Bitcoin's value is determined by market demand and supply dynamics. Its price can be volatile, influenced by factors such as regulatory developments, macroeconomic trends, and public perception. Some view Bitcoin as a store of value or "digital gold" due to its scarcity, while others see it as a potential hedge against traditional financial uncertainties.
Bitcoin transactions are pseudonymous, providing a level of privacy, but the blockchain is transparent and immutable. Critics highlight concerns about its energy consumption, regulatory uncertainties, and potential use in illegal activities.
Overall, Bitcoin has gained prominence as a decentralized alternative to traditional currencies, attracting attention from investors, institutions, and the broader public as the cryptocurrency ecosystem continues to evolve.



Bitcoin Price on New Year's Day 2024 - $42,717 - 2024 gonna be... 🔥🚀🔥
2023 - $16,613
2022 - $47,746
2021 - $29,404
2020 - $7,175
2019 - $3,823
2018 - $13,441
2017 - $996
2016 - $433
2015 - $752
2014 - $13.30