suddenly this year pandemic helps cryptocurrency get into the spotlight in the positive note, although there is still negativity being thrown, I think most institution study it and they realize the possibilities and important of blockchain overall.
In this economic crisis due to Covid, this pandemic has driven the world economic performance even lower but the opposite happened to the Bitcoin market because it got even stronger. Maybe the people believe that Bitcoin and the crypto could potentially offer much higher returns than the traditional investments which are currently really difficult to recover until the world becomes Covid free.
Let's say that many people are struggling with their financial status but can't imagine why they have the guts to invest in Bitcoin. It is overwhelming to see and the fact that they are seeing this potential in crypto to help them survive then can also be the reason why the rest will follow.
If that we saw only a few people are investing Bitcoin because they are not ready to take the risk but this coronavirus helping them to open their eyes and realize how good it was which is once they ignored before.