News is sometimes not signaling the price of coin. That's not to say fake news is a lot. You should trust yourself and do not rely on the daily news of potential e-money.
As you said there are lots of fake news and rumors are all around the world so we have to research about their trueness before trusting them.The current pannic situation around cryotocurrency market is due to the ban in China and Korea but it made people from the other parts of world also in panic.But now it is better to hold our cryotocurrency than selling them for loss.