I don't know where to find connection between nCoV and the market situation. It's a big crisis in China and even now that other countries are being affected by this virus, especially those country in Asia. But does it really have an effect with the market price? Maybe it can affect, but wouldn't give a major impact.
I don't think they will prioritize money nor having digital transactions in buying their necessities because most people in Wuhan are panic buying their own needs. And I think, the Chinese government are helping them as well.
With this kind of situation, money isn't that important anymore. Well you need money for your foods but having too much or saving money isn't important because it's their health they have to prioritize.
These situations might actually turn bad for bitcoins or any other investments like stocks, commodities, etc because in situation like this, people would never count money but instead they would run for a better health and to stay away from the contagious disease which is spreading rapidly.
In these situations, most of the people from the infected city/state might not even continue with their work and might sit home just to make sure they do not get infected and in this situation, they might lose their stable source of income which might force them to sell their bitcoins in order to fulfill their daily needs. This might than affect the price for bitcoins and we might see a dump if there are huge number of people following the same.
