I know that this may mean bad news for cryptocurrency but I think these bans never last for long. Also, I don't believe it will impact the current price of BTC or other altcoins in the market like it normally would have before
Yes, it does seem like bad news for the cryptocurrency space, but the effect is clearly not going to be much, because Qatar is a developed and rich country, so they don't need crypto space to make investments, and all economic sectors in Qatar are clearly very real and transparent.