at this time in my opinion the crypto market is better than the stock market and others, who continue to strive to emerge from the pandemic that has plagued almost the entire world to be the right solution from the enactment of government regulations to stay at home.
The stock market took quite a hit due to the pandemic and the reason behind this is that almost all the companies had to completely shut down the work due to lockdown situation and still had to give the minimal pay to its workers. This incurred loses to the companies, banks and other businesses driving the stock prices low. But in case of cryptos, the price of the coin does not really depend on the profits or losses of a company, it depends on all of its investors across the globe. Therefore, the market continues to thrive.
Market's movement will be affected by the situation of the world.
Completely opposite of what you are saying has happened. The crypto market remains strong and unharmed even during the ongoing pandemic and continues to thrive even in this economic crisis. Many assets such as gold, stocks etc were affected but crypto market on the other hand continues to keep a firm hold. It seems like just as Venezuela, other countries are also finding refuge in the crypto world during economic crisis which is arising due to the ongoing pandemic.