Understanding Bitcoin Price Dynamics: Factors and Trends

a pile of bitcoins sitting on top of a table

Introduction to Bitcoin and Its Market Bitcoin, introduced in 2009 by an anonymous entity known as Satoshi Nakamoto, marks the inception of the cryptocurrency era. Defined as a decentralized digital currency, Bitcoin operates on a peer-to-peer network, enabling users to transfer value directly without intermediaries. This fundamental concept of decentralization differentiates Bitcoin from traditional currencies, … Read more