Exciting year for the crypto market
Now there is only one week left until bitcoin halves, and that is one of several reasons why we believe that 2020 can be an exciting year for bitcoin and the cryptocurrency market as a whole. As is well known, we are now in a very special situation with the corona crisis and turbulent financial markets, and this difficult situation will naturally affect the cryptocurrency market like everything else.
March was the month where everything fell. We experienced huge price falls and extreme volatility (fluctuations) in the cryptocurrency market, and bitcoin fell all the way down to $ 3600 for a short period on Friday 13 March. At the same time, the world stock markets fell drastically. In April, it turned around, and almost all the world markets had a big upswing, and bitcoin is now at over $ 9000. It will be very interesting to see how the cryptocurrency market develops in the future.