More than half of the 2020 crypto conferences were either canceled or postponed due to the COVID-19 outbreak, while mining manufacturers had to stop the equipment production in China, how good is this for crypto?
Nah, that's not going to affect cryptocurrency in a large scale. Conferences can be cancelled or re scheduled and that might not change the market condition even if it's not cancelled (live video conference is possible).
While production of mining hardwares will not also affect the mining production because miners do already have their existing hardwares that's running the rig. Upgrades won't be necessary at this situation anyway.
Lastly, the market indicates a healthy movements when the price is moving sideways.