$BTC

Bitcoin (BTC) is the world’s first and most widely recognized cryptocurrency, created in 2009 by an anonymous individual or group known as Satoshi Nakamoto. It operates on a decentralized peer-to-peer network using blockchain technology, which ensures secure, transparent, and irreversible transactions without the need for intermediaries like banks. Bitcoin is often seen as digital gold due to its limited supply of 21 million coins, making it attractive as a hedge against inflation. Its value is highly volatile, influenced by market demand, regulatory developments, and macroeconomic factors. While it offers benefits such as fast global transfers and financial freedom, it also faces challenges like scalability, environmental concerns, and regulatory scrutiny. Despite this, Bitcoin continues to shape the future of finance.

Source: gpt