Cryptocurrencies are digital financial assets for which ownership and ownership transfers are guaranteed by cryptographic decentralized technology. The rise in value of cryptocurrencies at market and growing popularity around the world open numerous challenges and concerns for business and industrial economy. Cryptocurrencies like bitcoin could revolutionize the economy by enabling peer-to-peer transactions based on eliminating the need for trusted intermediary. For now, bitcoin is still the most recognized cryptocurrency, especially in terms of marketability capitalization. However, as this paper shows, there are many alternatives. This paper outlines the history, development and future of cryptocurrencies with a special concentration on bitcoin. Additionally, talks about the possible future of the obstacles to the development of cryptocurrencies and shows the features that affect it to the success of cryptocurrencies. Cryptocurrencies are seen as a potential solution against affordability, exchange, fraud and inflation. Moreover, prices are rising significantly because of the demand for basic goods growing rapidly relative to supply. According to the analysis, the fiat currency system is considered the main reason for future inflation, but it will not cause a significant problem in the overall financial industry. Cryptocurrencies can perform some useful functions and add economic value, but there are some reasons for favoring market regulation. Although this would go against the original rationale behind cryptocurrency, it seems to be a necessary step to improve social welfare. Global crypto market has an impact on the functioning of financial markets and has huge implications for the whole economy. It is likely to improve the use and acceptance of cryptocurrency, supporting industries growth. The number of people investing in cryptocurrencies is expected to grow as well companies that accept them as payment. It is expected that blockchain technology, the foundation cryptocurrency, is increasingly used as companies strive to simplify their operations and downsize expenses. In addition, new cryptocurrencies and blockchain-based platforms are expected to emerge continue to develop in the future. These new improvements are expected to improve the use of cryptocurrencies, increasing their appeal to both companies and investors.