BTC

Definition ∞ BTC is the ticker symbol for Bitcoin, the first and most prominent decentralized digital currency. It operates on a peer-to-peer network using blockchain technology to facilitate secure and transparent transactions without a central authority. Bitcoin is often regarded as a store of value and a medium of exchange within the digital asset space.
Context ∞ News coverage frequently centers on BTC’s price movements, its adoption as a reserve asset by institutions, and its role in discussions about inflation hedging and monetary policy. Debates persist regarding its environmental impact due to its proof-of-work consensus mechanism and its potential as a global payment rail. Regulatory developments and macroeconomic factors are closely watched for their influence on BTC’s market performance and long-term viability.