Bitcoin (BTC)

The original cryptocurrency and the largest by market capitalization.

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Category
Store of value · Layer 1
Launched
2009
Founders
Satoshi Nakamoto (pseudonymous)
Consensus
Proof of Work (SHA-256)

About Bitcoin

Bitcoin is the first and most widely held cryptocurrency, launched in January 2009 by the pseudonymous developer Satoshi Nakamoto. It introduced the concept of a decentralized digital currency secured by cryptography and maintained by a global network of mining nodes.

With a hard supply cap of 21 million coins and a halving schedule that cuts new issuance every four years, Bitcoin is widely treated as a digital store of value — sometimes called 'digital gold'. Its price action sets the tone for the broader cryptocurrency market.

What is BTC used for?

  • Long-term store of value
  • Settlement layer for large international transfers
  • Collateral on lending platforms
  • Treasury reserve asset for corporations and funds

Bitcoin FAQ

What makes Bitcoin different from other cryptocurrencies?
Bitcoin has the longest track record, the strongest network effect, and the most security (measured in hash rate) of any cryptocurrency. Its supply is capped at 21 million and its protocol changes very slowly, which is a feature for its store-of-value thesis.
How is Bitcoin's price determined?
Like any traded asset, Bitcoin's price is set by supply and demand on global cryptocurrency exchanges. Major drivers include macroeconomic conditions, the four-year halving cycle, regulatory news, and institutional flows via spot ETFs.

Disclaimer: The content on this page is for educational purposes only and does not constitute financial advice. Cryptocurrency markets are volatile. Always do your own research and never invest more than you can afford to lose. See our methodology for details on how we generate analysis.