Everyone needs that medicine or vaccine already so obciously it can help the market recovers if the people are being frees from this death virus that are spreading. The only thing is when this come out? People around are all suffering already and mass people have died without much being medicated by thr virus.
I think it's true that the corona virus is making the market move negatively now. Almost all countries have been infected and this can make the economy slow down.
On some cases such as stocks it already been felt. But for crypto its still not sure how corona affect this a lot or some people with agenda using this cause for lowering the market.