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?
Fud news it the one can affect the crowd of crypto because of fud news people do a panic selling that's why crypto market be bloody and dropping.
It is true that it can affect but I don't think it will be that big of an effect since not all of the investors and traders of crypto currency are that stupid, most likely it will be the newcomers or the newbies.
A lot of investors and traders of crypto currencies are also great, experienced and so smart. We don't need to think that they are that stupid to make mistakes like that since small and newbie traders and investors will be the only one affected by these FUDs. Also, if whales are making these FUDs in their statements, it is either included in their strategies or well, it is their strategy.