It made an effect in the first weeks or so of the corona pandemic, the crypto market has crashed down due to fear that it might have had the same fate with stock market. Some traders had to full out their investments and some have switch to stablecoins in order to prevent from massive effects of melt down.
Yes, but today I see that the crypto market has had a good bit of improvement on all coins so this will also be of great benefit to those who bought coins when the price dropped a few days ago, and I personally hope this can be done. continues so that everyone can benefit through investing and day trading.