basically it has drastically crashed stock markets worldwide.
and we can see more 20% downside in stock market before april end.
but bitcoin and other top currencies are already at its bottom level. we cannot see more correction in it.
and due to stock market crashes, again people from stock markets attracted towards crypto currencies.
moreover India and Korea and few other countries have started to take step to legalise this industry.
so, we can see 10000$ bitcoin before may end again.
It is my analysis only according to my forex and crypto experience.
experts can give their suggestions to bring proper conclusion.
Basically, because of the pandemic, the government is forced to declare lockdown to contain the virus. This has slowed down business transactions, market rise, transportation, movement, and have made families and people scared and doubtful. Now, most crypto user are also businessmen. So consequently, transactions here in the crypto industry slowed down also because people are also panicking whether to sell, buy, or hold. We can just be sure that crypto transactions would boom again once the virus ended, and when people become more confident again on their transactions.