The value of bitcoin is going down due to the news of google about banning cryptocurrency related ads and ICO. But not only that Twitter and instagram according to some articles are also making those actions. Though it is unverified information but it is making a stir on the market thus have played a role on the drop of bitcoins value. But thanks to the news on G20 that says they are going to tackle about the benefits of cryptocurrency, bitcoin has recovered its value and hopefully to climb up more.
from this incident we can draw a strong conclusion, that it is true that the media has an important role to the price of cryptocurrency.
each time the media issues a negative statement about bitcoin, at that moment the bitcoin price is affected. bitcoin volume down.