$BTC is like a wild ride through the digital frontier. It all kicked off in 2008 when an enigmatic figure named Satoshi Nakamoto dropped a whitepaper titled “Bitcoin: A Peer‑to‑Peer Electronic Cash System.” The idea was to create a decentralized money that runs without banks or middlemen, using a public ledger called the blockchain to keep everything transparent and secure.
In January 2009, the first block the Genesis Block was mined, and the first bitcoins were born. Early on, BTC was just a niche experiment among tech geeks, trading for pennies. The first real‑world purchase happened in 2010 when someone bought two pizzas for 10,000 BTC (now worth millions), marking the infamous “Bitcoin Pizza Day.”
Over the years Bitcoin grew from an obscure crypto‑asset into a global phenomenon. It hit major milestones: the 2013 bull run that pushed its price past $1,000, the 2017 surge that broke $20,000, and the institutional embrace in 2020‑2021 that turned it into a mainstream investment and a hedge against inflation.
Technically, Bitcoin operates on a proof‑of‑work consensus where miners solve complex math puzzles to validate transactions and earn new coins. The total supply is capped at 21 million, which fuels its scarcity narrative. Its blockchain is immutable, meaning once a transaction is recorded, it can’t be altered.
Now, looking at the chart you shared, $BTC is trading around 91,980.3 with a 1.09% drop, sitting near its moving averages. The price is testing the support, suggesting a potential bounce if buyers step in above that zone, or a deeper pullback if it breaks below.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$BTC is like a wild ride through the digital frontier. It all kicked off in 2008 when an enigmatic figure named Satoshi Nakamoto dropped a whitepaper titled “Bitcoin: A Peer‑to‑Peer Electronic Cash System.” The idea was to create a decentralized money that runs without banks or middlemen, using a public ledger called the blockchain to keep everything transparent and secure.
In January 2009, the first block the Genesis Block was mined, and the first bitcoins were born. Early on, BTC was just a niche experiment among tech geeks, trading for pennies. The first real‑world purchase happened in 2010 when someone bought two pizzas for 10,000 BTC (now worth millions), marking the infamous “Bitcoin Pizza Day.”
Over the years Bitcoin grew from an obscure crypto‑asset into a global phenomenon. It hit major milestones: the 2013 bull run that pushed its price past $1,000, the 2017 surge that broke $20,000, and the institutional embrace in 2020‑2021 that turned it into a mainstream investment and a hedge against inflation.
Technically, Bitcoin operates on a proof‑of‑work consensus where miners solve complex math puzzles to validate transactions and earn new coins. The total supply is capped at 21 million, which fuels its scarcity narrative. Its blockchain is immutable, meaning once a transaction is recorded, it can’t be altered.
Now, looking at the chart you shared, $BTC is trading around 91,980.3 with a 1.09% drop, sitting near its moving averages. The price is testing the support, suggesting a potential bounce if buyers step in above that zone, or a deeper pullback if it breaks below.
#BTC #Rmj-Trades