Some of them still hold bitcoin, but if there is an urgent need, now some countries have put in place a lockdown so that the corona virus does not spread and need money so they sell their crypto assets for their needs. But it is not until we panic, everything will end and the price of crypto will return to rise sooner or later.
We do not need to panic with the conditions that currently occur, because we who are here already have a way to how to overcome them, but indeed most of the bitcoin holders will also sell most of their bitcoin to survive, because as we know that in some countries' lockdown is now done so after all they need money to be able to survive until the epidemic of the coronavirus really ends.