Since it was first developed in 2009, Bitcoin has had a very volatile trading history. In its comparatively short life, the digital crypto-currency has seen a lot of play. Bitcoins were initially exchanged for almost nothing at all. In July 2010, the first real price rise happened when the value of a bitcoin went from about $0.0008 for a single coin to $0.08.
Ever since then, the currency has seen several big rallies and crashes. In 2020, interest in bitcoin grew as it recovered its losses and moved past its previous all-time peak. Bitcoin has now reached its last all-time high of $19,783 and, as of Dec. 17, 2020, has pushed to over $23,000.More than 18.5 million Bitcoins are currently in circulation and it has a market capitalization of over $428 billion now.