I think it should be expected, as of his pandemic virus, we are now jobless and for us to earn money while we are at home is to be more focused to online activities, there are many people who know about crypto world and because they have so much time because of the pandemic, they tend to do some crypto activities like hodling, trading and investing which results to the bitcoin inflation.
The more users the more liquidity but it doesn't mean that the price will go up as well.
It's a good news if they've got doubled the registered users since the compared month. The pandemic has made people
look for a way to trade while being at home and this is positive news at least for me. But it doesn't mean that it will actually make the market into bull run together with the altcoins.
I'd like to absorb that the crypto traders or investors are becoming more this time and the impact might not be so quick to be seen. But in the long term, there will be.
Well said, that is one of the effects of this pandemic virus, there are many people who became more active in cryptocurrency which makes some movements on the graph of bitcoin.