$BTC has had one of the more volatile trading histories. The cryptocurrency's first significant price increase occurred in October 2010 when the value of a single bitcoin started moving past its long flat price of less than $0.10. The cryptocurrency has experienced several massive rallies and spectacular crashes since it first became available. This article offers insight into Bitcoin's volatile history and some reasons why its price acts the way it does. The price changes for Bitcoin generally reflect investor enthusiasm, as well as the demand and supply dynamics in the market. Satoshi Nakamoto, the anonymous Bitcoin inventor(s), designed it for use in daily transactions—but it has become far more than a payment method
