Glossary / Bitcoin (BTC)

Bitcoin (BTC)

Bitcoin is the first cryptocurrency, launched in 2009. It runs on a public ledger kept by thousands of computers, has a fixed supply of 21 million coins, and lets anyone send value without a bank.

Why it matters

Bitcoin is still the largest crypto asset by market value, so its moves set the mood for the whole market.

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Related terms

Bitcoin dominanceBitcoin dominance is Bitcoin's share of the total crypto market value, shown as a percenta…Bitcoin halvingThe halving cuts the reward for mining a Bitcoin block in half, roughly every four years.…Proof of workProof of work secures a blockchain by making computers solve costly puzzles to add blocks.…Crypto whaleA whale is a wallet or trader holding or moving a very large amount of a coin, enough to m…

Written by the VaultX AI team. Educational only, not investment advice.

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