people just panicked and went crazy. if anything it shows the effects of unreasonable fear on the bitcoin price. and it wasn't directly linked to coronavirus but it was liked to everything else being dumped that caused fear in people expecting the same dump in bitcoin so they tried to act faster and caused the crash becasue of that!
as for Store of Value, if you mean bitcoin is a currency and like any other currency such as fiat, it is a store of value too. then i agree.
I know right, although I am kinda thinking that coronavirus kinda affected some hodlers maybe not all of them. Maybe there were whales that panicked ot and caused them to sell a bunch causing this massive dumping that we're currently experiencing. Kinda sad that they brought their emotions to the table, but meh there's nothing we could do about it.
Bitcoin does both. Investment and utility but I believe that more people are into its own value.