“In the event of the worst-case scenario regarding the markets and a global pandemic we remain confident that crypto will fare quite well.”
https://cryptoslate.com/cardano-ada-update-byron-shelley-hydra-releases-almost-ready-to-be-deployed/
I doubt we can blame the coronavirus for this dump. In my opinion the dump is caused by certain hacks and scams that occurred last year i.e. Plus Token, Binance Hack. They are dumping for cash.
Good to know ADA is building. Keep holding my bag anyway.
The worldwide stock exchange also crashed due to Coronavirus, which some countries have given holidays to schools where people have effected. Of course, Coronavirus is one of the causes of this dump, but I never expected such a huge dump in the market, which it has crashed in the span of the one day.