Bad news do not affect bitcoin that much anymore, I do believe. Bitcoin is the first line of defense on a news affecting the price because when the bad or good news happen its bitcoin that moves first and alts after that. Moreover, if there is a coin out there where the owner does a bad thing or just scams the users of that coin it will of course get affected horribly. Without that type of news the news like china bans bitcoin or etf got rejected or similar bad stuff doesn't reflect on the price too much because people are grown into this stuff already and only expect the good news to come to affect the price in a good way.

Mtgox problem led big collapse but now a days we are having alternate choices for every application like web wallet or exchange or debit card provider. Hence, hacking will not make people panic anymore as far as I have observed in recent times.