Friends, how do you find out fake news? Do you think he impact of this news hinders the development of the market greatly, or the rates fluctuate only on major hype and fakes do not prevent the market from going forward?
Yes, it plays a big role in manipulating the market. Making news, whether fake or truth, is a very powerful tool to influence the direction of the market for a certain time. Through this, they create FUD and FOMO, and people unknowingly ride to it. And it's more effective if it comes from an influential person, a crypto leader per se. So it's wise to weigh out what's the motive behind the person spreading the news or doing the act that is stated in the news.