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?
One of the key factors that drive the crypto market is the influence of the people either inside or outside the crypto space. Crypto has no value without the patronage of the people, hence anything that causes hindrance to the patronage by the people affect crypto market. Example can be when people create false news which breeds panic. This wards off potential investors as well as making investors withdraw their money form crypto. This affects adversely the crypto market.