The epidemic has a relatively large impact on Bitcoin. At least, that's what I think. During the epidemic, many people lost their jobs. Because they couldn't make ends meet, they sold the bitcoin they had bought for a long time to make ends meet. Some people bought bitcoin and when bitcoin fell, they did not have enough funds to continue to cover their positions and sell bitcoin.
The corrections that occurred in the cryptocurrency market are very similar to those happened in the stock market. But the overall picture looks much better for Bitcoin. Ever since the start of the pandemic, the prices increased by around 500%. On the other hand, the stock market indices went up by around 40%. The catch was to hold on to the coins, given the high volatility of cryptocurrency. Those who were unable to do so sold their coins too soon, and suffered considerable losses as a result.