Have you seen how governments responded to the corona virus?
Quite simply, in Italy, the US and elsewhere, they will increase their budget deficit, and add debt. In my understanding, that's very bad for fiat currencies, while BTC will remain unaffected, thanks to the lockdown on money supply.
Fiat demand is decreasing because people choose to stay at their home holding their gadget and doing a lot of staff thru online, due to these most of the transaction are done online and digital currencies are at most use. These suddenly changes bought a drawbacks in the economy of every each country and are now undergo recession.
So in order for an economy to survive the government will finds its way to got to used of digital currencies that will soon affect the crypto currencies in a positive way.