for now cryptocurrency price movements are not only influenced by it but also bad news and some politics from several countries can influence and give cryptocurrency price movements and for cryptocurrency prices, this can only have a movement from total supply and from very high demand
Bad news do really influences the price of crypto's mainly for bitcoin and even inside political issues that's related to crypto are giving effect as well. Most likely those countries that are banning bitcoin are giving bad effect and it makes the people panic.
And if the news are positive and is about adoption then the market reacts accordingly by having a massive pump depending on the highlighted coin. But mostly its for bitcoin and few popular altcoins.