Bitcoin, created in 2008 by Satoshi Nakamoto, operates on a decentralized network using cryptography for security.

Despite initial skepticism from global financial institutions, some countries like El Salvador have adopted Bitcoin as legal tender.

The current price of Bitcoin is $60,744.52, having previously peaked at $73,750.07.

The recent rise in Bitcoin's value is attributed to increased institutional adoption, economic uncertainties, and advancements in blockchain technology.

Investors should be cautious due to the cryptocurrency market's high volatility.

To conduct Bitcoin transactions, individuals need a digital wallet to protect their ownership keys.

It's crucial for investors to be aware of the risks associated with cryptocurrency investments.