Hello, community. Political, economic and social news in the media significantly affect the life and behavior of the crowd. How can crypto news affect the movement of the market?
Obviously yes bro. There are many shit world news channel portraying the bitcoin as shit or something mate. Actually we should understand that bitcoin is very much useful thing for the whole world. If any government accepts the bitcoin we can understand they are in real favour their countrymen else they are corrupted one mate. Kindly ignore the fake news and be part of the bitcoin bump and get benefited bro.
With our unreliable system of journalism these days and how things have been with the internet age, spreading false news have become the order of the day which sometimes I believed could even be paid ones just to generate some fear in the market or FOMO as the case may be. The go hand in hand with price manipulation anyway and all those can be categorized as human greed and stupidity which I totally agree with the OP.
Yes, definitely human stupidity will market movements but not like we have not started seeing fake news from the media all in the name to raise FUD, or some sort of manipulations in the market just to send some wrong signals, so if we are to look at that simply, all those are human stupidity which we have known to hugely affect the movement of the market in a way.
It is a decentralized market and it is obviously to expect that things like this are bound to happen and there is really nothing much we can get to do about it.