It started in China. For many it looks away from your bed. Where most people initially only watched the coronavirus with a slanted eye, that changed in early 2020. In early 2020, the coron began to make significant progress in Europe and America. The first infections became known and little by little more measures were taken to prevent worse ones. Finally, lockdowns have been declared in many countries. This major intervention has caused great uncertainty in the financial markets. The same is true in the world of encryption. The impact of this uncertainty caused significant market volatility and eventually large reductions.