Bitcoin (BTC)
The first and largest cryptocurrency by market capitalisation, created in 2009 as a decentralised digital currency.
Bitcoin is the first cryptocurrency, created by the pseudonymous Satoshi Nakamoto in 2009. It operates on a decentralised blockchain network that allows peer-to-peer transactions without intermediaries. With a fixed supply cap of 21 million coins, bitcoin is often compared to digital gold and has become a mainstream asset class traded on exchanges, through ETFs, and via CFD brokers alongside traditional forex pairs.
How It Works
- Transactions are verified by miners who solve cryptographic puzzles and add blocks to the blockchain
- The supply is capped at 21 million BTC. Mining rewards halve roughly every four years (halving)
- Traded 24/7 on crypto exchanges, unlike forex which closes on weekends
- BTC/USD is the most traded crypto pair, with deep liquidity on major exchanges
Trading Tips
Bitcoin halvings historically precede major bull runs. Track the halving cycle for long-term positioning.
BTC volatility is significantly higher than major forex pairs. Adjust position sizes accordingly.
Bitcoin increasingly correlates with risk assets. Watch equity markets and rate expectations for direction.
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