Coronavirus is the reason why market is in very bad shape, it will be very stupid to exit because of this while others are making good choice presently, many are already saying it's the end for crypto but the fact is Bitcoin died several times in the past and it's still alive today, do not be fooled by those who don't understand the technology
Coronavirus did make the stock market in very bad shape but didnt not effect the cryptocurrency market at all as we seen the cryptos market did rise at the time on pandemic. A lot of peoples did used cryptos for the buy and sell as most of them cannot goes out at the time of pandemic.
This situation has a limited time effect (already -2k drop btw). For some time, the crypto market may still (and will) grow or be stable, but there may come a time when there will be fewer and fewer NEW players, because to enter the cryptocurrency, you still need Fiat money. And where to get them if you dont have job/money is calculated only for food? The last thing an ordinary person will do is invest in something that is not clear (for him) in the hope of earning.
Some things look good until you realize that it's just a temporary illusion.