In the past few days I have heard that Starbucks will accept bitcoin to pay for coffee. This makes people feel excited and start to see the potential of the cryptographic market. But Starbucks insisted that this never happened.
This is considered a false information but in my opinion this news has helped the market have a pretty blue after the statement of Starbucks.
The fake news will create the fomo effect and most of them help the market to have great pumps
so in my opinion these rumors will not be effective to change the market in its growth. however, if there are some rumors from several countries that have put bitcoin in, it will certainly change the market pattern towards growth.
i still think the fake news can easily bring the market down because scammers or whales can give us fake good news to pumps the price up but when we almost find out the the true, they immediately dump the price to get profit for themself and the market turn red so much that it keep dropping for a very long time, making the market worse than before.