diff --git a/Makefile b/Makefile
index 4ef94efd..84da7614 100644
--- a/Makefile
+++ b/Makefile
@@ -79,3 +79,11 @@ utils-docker:
 	rm -rf utils
 	mkdir -p utils
 	docker build -f docker-compose/utils/Dockerfile --output=utils .
+
+MONITOR_PORT ?= 8090
+monitoring:
+	docker build -f docker-compose/monitoring/Dockerfile -t monitoring .
+	docker run \
+		-p $(MONITOR_PORT):$(MONITOR_PORT) \
+		-e MONITOR_PORT=$(MONITOR_PORT) \
+		monitoring
diff --git a/README.md b/README.md
index 12648b65..edd4b69c 100644
--- a/README.md
+++ b/README.md
@@ -61,6 +61,31 @@ on special cases. This script requires an input file whose structure can be foun
 - **refund_user_pegout**: executes a refund for a user's peg-out operation through the Liquidity Bridge Contract. This is used when a peg-out operation needs to be refunded back to the user's RSK address. The script requires the quote hash of the operation to refund.
 - **key_conversion**: shows the corresponding BTC and RSK address for a given private key and encrypts it into a keystore, accepts the key either in WIF or hex format. The key can be provided through the terminal, a file or an existing keystore.
 
+### Monitoring Service
+The project includes a Bitcoin balance monitoring service that tracks specified BTC addresses and exposes metrics at `http://<host>:8080/metrics` using Prometheus `https://prometheus.io/`.
+
+To run the monitoring service with the default port (8090):
+```bash
+make monitoring
+```
+
+To run the monitoring service with a custom port (e.g., 8091):
+```bash
+make monitoring MONITOR_PORT=8091
+```
+
+The service is configured in `docker-compose/monitoring/src/config.ts` and supports both testnet and mainnet monitoring:
+
+- MONITORED_ADDRESSES: The set of addresses to be monitored. Each address should have an alias that will be used in the metrics.
+- MONITOR_CONFIG: The configuration for the monitoring service.
+  - pollingIntervalSeconds: How often the service will check the bitcoin balance of the monitored addresses in seconds.
+  - monitorName: The name of the monitoring service.
+  - network: The network to monitor (mainnet or testnet).
+  - port: The port where the service will be exposed.
+
+The service can be configured to monitor other addresses by modifying the `MONITORED_ADDRESSES` array in `docker-compose/monitoring/src/config.ts`.
+
+
 ### More information
 If you're looking forward to integrate with Flyover Protocol then you can check the [Flyover SDK repository](https://github.com/rsksmart/unified-bridges-sdk/tree/main/packages/flyover-sdk).
 
diff --git a/docker-compose/monitoring/.dockerignore b/docker-compose/monitoring/.dockerignore
new file mode 100644
index 00000000..3f1fdea4
--- /dev/null
+++ b/docker-compose/monitoring/.dockerignore
@@ -0,0 +1,5 @@
+node_modules
+**/node_modules
+npm-debug.log
+dist
+lib 
\ No newline at end of file
diff --git a/docker-compose/monitoring/Dockerfile b/docker-compose/monitoring/Dockerfile
new file mode 100644
index 00000000..01568f3b
--- /dev/null
+++ b/docker-compose/monitoring/Dockerfile
@@ -0,0 +1,13 @@
+FROM node:18-alpine
+
+# Set working directory to monitoring project
+WORKDIR /app/monitoring
+
+# Copy only the monitoring project files
+COPY docker-compose/monitoring ./
+
+# Install dependencies and build
+RUN npm install && npm run build
+
+# Run the monitoring service
+CMD ["npx", "ts-node", "src/index.ts"] 
\ No newline at end of file
diff --git a/docker-compose/monitoring/package.json b/docker-compose/monitoring/package.json
new file mode 100644
index 00000000..b80049ae
--- /dev/null
+++ b/docker-compose/monitoring/package.json
@@ -0,0 +1,20 @@
+{
+  "name": "bitcoin",
+  "version": "1.0.0",
+  "description": "Bitcoin balance monitor sample",
+  "main": "dist/index.js",
+  "scripts": {
+    "build": "tsc",
+    "start": "ts-node src/index.ts"
+  },
+  "keywords": [],
+  "author": "",
+  "license": "ISC",
+  "dependencies": {
+    "@mempool/mempool.js": "^2.3.0",
+    "@types/node": "^20.11.19",
+    "ts-node": "^10.9.2",
+    "typescript": "^5.3.3",
+    "@rsksmart/rsk-monitor": "^0.1.0"
+  }
+}
diff --git a/docker-compose/monitoring/src/config.ts b/docker-compose/monitoring/src/config.ts
new file mode 100644
index 00000000..0426ec1b
--- /dev/null
+++ b/docker-compose/monitoring/src/config.ts
@@ -0,0 +1,14 @@
+import { type BitcoinAddress } from '@rsksmart/rsk-monitor'
+
+export const MONITORED_ADDRESSES: BitcoinAddress[] = [
+  { address: 'mwEc...', alias: 'testnet1' },
+  { address: 'mvL2...', alias: 'testnet2' },
+  { address: 'tb1q7...', alias: 'testnet3' }
+]
+
+export const MONITOR_CONFIG = {
+  pollingIntervalSeconds: 10,
+  monitorName: 'bitcoin-balance-monitor',
+  network: 'testnet' as 'mainnet' | 'testnet',
+  port: parseInt(process.env.MONITOR_PORT || '8090', 10)
+} 
\ No newline at end of file
diff --git a/docker-compose/monitoring/src/index.ts b/docker-compose/monitoring/src/index.ts
new file mode 100644
index 00000000..434eae4b
--- /dev/null
+++ b/docker-compose/monitoring/src/index.ts
@@ -0,0 +1,24 @@
+import { BitcoinMempoolMonitorBuilder, ConsoleExporter, MonitorConfig, PrometheusExporter } from '@rsksmart/rsk-monitor'
+import { MONITORED_ADDRESSES, MONITOR_CONFIG } from './config'
+
+async function main (): Promise<void> {
+  await BitcoinMempoolMonitorBuilder.create({
+    pollingIntervalSeconds: MONITOR_CONFIG.pollingIntervalSeconds,
+    monitorName: MONITOR_CONFIG.monitorName,
+    network: MONITOR_CONFIG.network
+  } as MonitorConfig, MONITORED_ADDRESSES)
+    .withBalanceMetric()
+    .withExporters(new ConsoleExporter(), new PrometheusExporter(MONITOR_CONFIG.port, 'bitcoinbalancemonitor'))
+    .build()
+    .run()
+
+  console.log('Starting Bitcoin balance monitor...')
+  console.log('Monitoring addresses:', MONITORED_ADDRESSES)
+
+  process.on('SIGINT', () => {
+    console.log('Stopping monitor...')
+    process.exit(0)
+  })
+}
+
+main().catch(console.error)
diff --git a/docker-compose/monitoring/tsconfig.json b/docker-compose/monitoring/tsconfig.json
new file mode 100644
index 00000000..9c583519
--- /dev/null
+++ b/docker-compose/monitoring/tsconfig.json
@@ -0,0 +1,15 @@
+{
+  "compilerOptions": {
+    "target": "ES2020",
+    "module": "commonjs",
+    "lib": ["ES2020"],
+    "outDir": "./dist",
+    "rootDir": "./src",
+    "strict": true,
+    "esModuleInterop": true,
+    "skipLibCheck": true,
+    "forceConsistentCasingInFileNames": true
+  },
+  "include": ["src/**/*"],
+  "exclude": ["node_modules"]
+} 
\ No newline at end of file