A news can affect someone's emotional condition, when negative news can make people panic and sell the cryptocurrency they hold, and when positive news will be able to make people believe in crypto and they will buy cryptocurrency.
News is very influential on the price of bitcoin. "Facebook, Twitter, Google and many countries refuse to use Bitcoin!". What's in your head? Of course negative thoughts about bitcoin, and when that thought affects millions of bitcoin owners and they sell the bitcoins they have, of course prices will drop. Vice versa when the good news about bitcoin, prices tend to rise.