I don't see the pandemic (covid-19) being a downturn in the crypto space. On the contrary, we can see the increase taking place in cryptocrurrency. For now alone, many changes have occurred in kirpto, such as the DeFi hype. People don't see Covid-19 as an investment scare.
Yes, it didn't somehow affected it. We've seen a backlash and probably the total effect of it on March but then after that, there's no more affection seen with regard to covid-19 pandemic.
We will look at the pandemic as an investment as it has brought devastation to the world. But what we're about to see are the possible turnover of things once it's done.