when a lot of despair with a lot of closed jobs, maybe looking for income from crypto is a little bit of a solution. but it can't be done easily for people who are new to crypto.
but in reality, when some of the global markets is experiencing decreasing economic problems. but in the crypto market, we can see the start of a rally that actually started when this pandemic began to worry.
However biggest news came from companies, tesla, elon in general, microstrategy, grayscale, paypal and many others like that started to buy bitcoin in hundreds of millions even in billions of dollars. That impacted the price a lot more not only because they bought, but because at least that much was bought because of the news they bought. That is why we can say that this was a collective deal by people and huge companies to get together and increase the price.