Bitcoin (BTC)
The first and largest cryptocurrency by market capitalisation, created in 2009 as a decentralised digital currency.
Bitcoin is the first cryptocurrency, created in 2009 and capped at 21 million coins. It runs on a decentralised blockchain and is now traded on exchanges, via ETFs and through CFD brokers.
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.
Related Terms
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