Are you referring to the pandemic kicking off a surge in the crypto currency market or are you talking about DeFi or the other overhyped new thing? Because any of those, the answer would be yes.
Pandemic conditions once made the market experience an increase but not that big, only a little when seen through the percentage, but for DeFi this has had a slightly more impact because this year DeFi has become a positive trend and has been trusted by some people, even though to survive in the long term is doubtful.
It should be new things will have a good impact to make a change in the future. Don't think too much about the price drop with the coins you've been with for a long time.