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.
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.