A recent annual report released by WazirX, an Indian crypto exchange, has claimed that Bitcoin (BTC) was the most traded cryptocurrency in 2021. Bitcoin, the oldest cryptocurrency in the market, however, witnessed a seesaw in prices through the year. The lowest price of BTC was recorded on January 1 at $28,803.59, while the highest it touched was $68,789.63 on November 10, a difference of 138.8 per cent. China’s clampdown on cryptocurrencies, US’s taxation rules and the new Omicron variant of Covid-19 played vital roles in affecting the value of BTC.