It may look like that, but in most cases it's fud or blatant manipulation that has been debunked already. South Korea not that long ago pointed out that government officials made false crypto announcements.

Another aspect that contributes to the sheer number of negativity going through this market, are the crypto news sites. They allow anyone to publish whatever article as long as you pay for it, which is mind boggling.

I am sure that if they don't allow this to happen, and actually do their work appropriately as news site, we would probably be able to get rid of 50% of all the negativity, that big of a role are they playing.......

Ok, people are stupid too for believing everything, but what do you expect from newbies in a market that's dominated by speculation? Greed is their only motivator, which is something those spreading fud are well aware of.