Tourism is gone and it will be for some time even after travel restrictions will be eased. Countries like Italy and Spain heavily affected, first because of the quarantines and travel restrictions, second because of the stigma that they will keep having even after the crisis has passed.
I can understand why stocks and commodity prices are dropping, because companies are closing and production are going down, but why should this virus have such a huge influence on the Bitcoin price? We do not have large industries closing their doors and the mining hardware manufacturers are still producing and the hash rate is still climbing.
Wall Street whales are liquidating their crypto to cover for their stock losses