On January 7th, the Economic Daily published an article "Global market demand for cryptocurrencies will rise significantly". According to the article, the development of global cryptocurrencies in 2020 has revealed several new trends. First, advance quickly in rapid tests. Second, the development of cryptocurrency financial derivatives has accelerated. Third, decentralized financing has become the main battlefield of financial innovation. Fourth, transaction security continues to increase. According to the analysis, as the sovereign countries, mainstream financial institutions, and major market players increase their involvement, cryptocurrencies represented by Bitcoin will usher in new development opportunities.