It just that people need more cash to buy their needs amid the covid and it cause panic buying on goods, and some sold some of their holdings,
this part can only be true about those who live on the very edge and that is only a very small percentage of them. otherwise normal people always have money in their pocket, in their bank accounts and on top of all that they have credit cards which they end up using during times like this to buy their essentials. the pandemic has to go on for a much longer time than this for them to start feeling the need to sell their "assets" to cover their costs.