The cryptocurrency market managed to recover from the first blow from the coronavirus. Recall that when the pandemic broke out, Bitcoin as well as the whole crypto market capitalization tumbled. The world's largest cryptocurrency fell sharply to $3,800 from $9,500. However, digital currencies were able to regain their previous losses. Bitcoin which accounts for most of all crypto activity showed record gains in one day. As a result, the entire market capitalization increased by $35.3 billion to $160 billion. This rise stems from several factors, the major of which is the policy of the leading financial regulators. The coronavirus pandemic forced them to revise their monetary policy. The quantitative easing programs launched around the world, “easy money” pumped into the economy, and other stimulus measures became drivers for cryptocurrencies' growth. According to CoinDesk, Bitcoin's price surge above $9,000 made mining profitable again. In general, the demand for cryptocurrencies soared up. Moreover, some trading floors hit record trading volumes. Other virtual currencies did not lag behind Bitcoin: Ethereum was up by 14%, Bitcoin Cash - by 12%, and Ripple - by 9%.