Based on the example of this March post, we can conclude that the pandemic has a positive impact on the crypto market. The question is by what?
I suppose due to the fact that the entire world economy is in decline, and people are increasingly switching to digital environment. I hope bitcoin will hold out high enough for the main high-quality projects to realize themselves.
The COVID 19 pandemic presented an unique opportunity for cryptocurrency in 2020. In some areas, it has made significant progress. But in some other sectors, it has remained stagnant. The usage of Bitcoin as a payment medium has witnessed hardly any improvement during this period. On the other hand, it's use as an investment asset has received a massive boost, thanks to mainstream investment firms and corporations such as PayPal and Square.