Is there any doubt about it, just look at the charts for the last couple of weeks, it seems that everything just got out of hand, it is clear that everything we see has a logical basis, and every situation or moment can be clarified, but if we can figure out whether we could have assumed this six months ago, as we used to do, of course we can consider it one global news, which consists of many components that have pulled a series of events that fundamentally change the economic and political situation. I think we need to be as careful as possible now, because the market is extremely turbulent and every action we take can be very serious.

What effect do you meane? This dumping happening right now?  Due to this pandemic many people don't have any job and the money they use is from their savings or their last salary they got and once it gone maybe if they are using crypto to get money by selling their coins so maybe it is one of the effect but not only because of that. If the lockdown will end and if the crypto increase maybe that is one the reason why crypto is down.

Let's wait until the halving event later and if the effects of this crisis continue to occur it is clear, this pandemic is affecting the crypto trade because at the moment we can at least assume the falling prices because it is indeed a major correction that will indeed occur before and after the halving bitcoin event. If this market is affected due to the impact of a crisis at least I am sure prices will continue to fall to below 5k but what happens is that prices can still strengthen and recover even if only a small recovery.

i think not because mostly trading is done online using exchanges there are no physical interactions needed to trade Cryptocurrency. Also when the exchanges need maintenance the developer could just do it in their laptop but except for system admin they need to be physically present to the server room incase some hardware fails but mostly only one guy is needed for such a job.

- Agree that traders are still at home and continue to seek profit on the crypto market during the Corona season, that makes you feel that everything is still very normal and the market has no direct influence from Corona but that's just under subjective perspective, the outside is still nice but the inside of the market has changed negatively. The suddenly falling value of bitcoin is a testament to the influence, although the recovery is happening but the fluctuation is relatively low when investors' capital cannot be flexibly circulated in the face of difficult economy

It may not have a "direct" relation to crypto however it doesn't change the fact that it has an indirect relation to crypto at the very least. Right now world is in pandemic global panic mode, there is literally thousands of people dying every single day, every single day! We are talking about more people dying in the past 3 months from corona than any war in the past 10-20 years, that is A LOT OF people.

For some reason some people think it will pass and it will be fine and nothing will happen, but they are forgetting that something already HAPPENED, and it will continue for a while as well but even if you do not believe the horrible threat we are facing at least check out what happened in the past week alone! That is why crypto being impacted by corona is quite normal.

It is really true that corona affected us a lot because we lack liquidity but at the same time showed the world how we are insisting on not dropping neither.

Are we down right now compared to where we were? Sure, we are but at the same time we are a lot better than the bottom we hit as well, we bottomed out at 3600 levels and that took less than 24 hours to bounce back above 5k, which showed the whole world that we might lack in liquidity but we also have huge heart and bravery to go back in when everything looked so gloom as well.

During the peak of corona when everyone was afraid, there were people who were buying bitcoin with their cash when they could have used it for survival. That speaks levels of what we can do for bitcoin and that worths something to some people.

Coronavirus has hit economies very badly and put the world into recession phase. People around the globe have no money to eat, to travel or to buy anything. This pandemic has hit the trading world as well because people now a days dont have large amount of funds to invest in trading.

Ever since this topic was created it affected trading in all directions and it is a bit confusing to see as well. First it affected because traders were afraid and sold, after that it was hopeful because everyone saw it was low and realized bitcoin worths more and bought, after that it got so high that people thought it was too much and sold, now for a while people think corona is not really a huge issue anymore (still big but we are not stuck at home and dying by tens of thousands every day) so they stopped.

Like this is three directions bitcoin price could go, up/down/stable and all of it happened all due to corona. It is a marvel and still confusing that one thing could affected another in every single direction like it did. That is why it was so hard to trade during this period for thousands of people.