I believe that the current pandemic will turn out to be more beneficial to the entire crypto market, than anything else. Online e-commerce and digital payments have been on the rise since COVID-19 took the world by storm.
Well, what you said is same as what I think. This pandemic has affected all of us in different ways but from the news that I have read, Covid-19 economy actually fuels the faith of people in crypto.
The news is about the study conducted by The Tokenist regarding the growing trust of people in crypto (btc in particular) over traditional investments (gold, stocks, real estate). Compared to the adoption of crypto in 2017, the trust of people grew to 29% after three years.
From their survey's respondents, 78% are millennials. 14% of those millennials already owns the asset. And "60% of the respondents felt that [crypto] (btc) is a positive innovation in financial technology.
With all that figures and results from the study, I must say that the pandemic affected crypto market positively. I just hope that when the crisis is over, people's trust in crypto will grow even more and eventually lead us to mass adoption.