This year, a lot of different events are expected for the cryptocurrency, which may well lead to a significant increase in the cryptocurrency market. Since the beginning of the year, bitcoin and other cryptocurrencies began to grow well in price, but the advent of the coronavirus made its unexpected negative adjustments.
However, on May 13, an event is expected to reduce the reward to miners by half for each new bitcoin block mined and this should gradually lead to an increase in the price of bitcoin. We are also already starting to feel the onset of the global economic crisis, in which a decentralized cryptocurrency should prove to be a reliable non-inflationary financial means. In the conditions of the economic crisis, the demand for cryptocurrency, and hence the price for it, should rise.