🦠📉March 12, 2020 is remembered as the "Black Thursday" caused by the Covid Crash. It was one of the greatest opportunities of all time to buy $BTC and $ETH. 
 
On January 23, 2020, the Chinese province of Wuhan entered a strict lockdown. Deserted streets and minimal services offered. By early March, 118,000 people in 114 countries were affected. Italy was the first European country to impose a lockdown on March 9. On March 11, WHO officially declared Covid19 a pandemic, the USA banned travel from Europe. 
Due to economic, industrial and sector uncertainty such as tourism...March 12 was now known to us as the "Covid Crash" where S&P500 lost 9.5% and the Dow Jones 10%.   

BTC lost about 40% due to many traders with leveraged long positions who were liquidated in a chain, amplifying the crash. Many exchanges closed their order books temporarily, most notably Bitmex.