Initially, Satoshi introduced Bitcoin for use as a digital, decentralized transaction currency. The world’s first Bitcoin transaction occurred in January 2009, when Satoshi sent 10 BTC to Hal Finney, a famous developer who downloaded the Bitcoin software on its release date. The use of Bitcoin as a currency increased steadily from 2009 to 2013. In 2010, the first commercial Bitcoin transaction took place when a programmer, Llaszlo Hanyencz, bought two Papa john's pizzas for 10,000 BTC. (In retrospect, of course, the irony of such a transaction is mind-boggling.) By the end of 2012, BitPay, a payment processor that lets merchants accept Bitcoin, had 1,000 registered merchants ready to use their service.  Bitcoin trading volume Today's biggest crypto gainer is OP, with the Optimism price seeing a 29.06% increase in the last 24 hours. The worst performer was Helium Mobile which saw a -26.68% drop in price. The newest cryptocurrencies added to CoinCodex are SafeGrok, Tesla AI, and GTA VI.

The answer is simple — the higher the trading volume is, the more people (or traders) are supporting the current trend. So, if you can see a significant increase or decrease in the BTC price, but the trading volume pillar is lower than many others shown nearby, that means market participants will most likely don’t support this shift. Theoretically, the price will soon return to the previous level. Frequently asked questions about Bitcoin As you can see in the above graph, the Bitcoin spot trading volume just recently witnessed a spell of high activity that lasted for many weeks, ultimately culminating in the metric setting a new yearly high last month.