As 2020 comes to a close, it’s a good time to reflect on the biggest crypto developments and the wild ride the sector took investors on.
At the beginning of the year, Bitcoin (BTC) was hovering just above $7,000, and the top-ranked digital asset had started to gather steam as the block reward halving approached. Then came the coronavirus pandemic and a sharp correction in the global stock markets that triggered the infamous Black Thursday Bitcoin crash, which saw the price of BTC plummet to $3,782 on March 12.