ITP, or idiopathic thrombocytopenic purpura, is a bleeding disorder caused by low platelet count due to autoimmune antibodies. It is classified as either acute (lasting less than 6 months) or chronic (lasting more than 6 months). Common symptoms include purpura (bruising) and mucous membrane bleeding. Diagnosis is based on isolated thrombocytopenia on CBC and absence of other causes. Treatment for mild cases is usually observation, while severe cases may require corticosteroids, IVIG, or splenectomy as a last resort treatment.