It is clearly seen in recent weeks that News channels, newspapers and social media create a big panic in crypto market. This is may because of New investors in crypto market who dont have connection with old traders of crypto. SO what is best way to connect them with cypto market epxperts so that they cannot be caught by Common media created FUD like recently every where news that BICOIN IS A BUBBLE.
i have actually seen the same thing in other markets too. the news always affects the price. for example some natural disaster (i think it was flood) caused a big increase in HDD prices because the manufacturer was in that country!
the thing is, when the market is small and full of panic sellers, the news can affect it a lot. but when it becomes bigger, lets say something like Forex, USD price won't tank 50% in a week just because of some news but it certainly drops a lot because of some stuff.