Because this had an impact on the economy in general within a period of several months, it also caused some people to sell Bitcoin that they previously owned in order to use the money from the sale for their own lives. Because everyone around the world already knows that when the corona virus hit the world, it started to be difficult for everyone to work and earn money, even though most people were still able to access the crypto market to trade and earn money so they could continue to live their lives as usual. So the influence may only be on the difficulty of making money, not on anything else because Bitcoin is not affected by that.
It must be admitted, when Corona hit several years ago, it had a huge impact on the world economy, including stocks which started to fall and inflation occurred in several countries. and it's true, the biggest impact is the difficulty of making money.
But as far as I remember, not with bitcoin. Bitcoin goes up and down, it's nothing new, it will never disappear until the electrical system on earth dies, aka not until we die too. so it remains stable, indeed the price of bitcoin has fallen but not too significantly compared to other investment communities. So I think the Bitcoin price plunge at that time had nothing to do with the corona outbreak and more to do with Finsen and Homeland Security announcing a new crackdown on the Crypto market.
