Actually news doesn't influence the market much. Investors and traders are very careful now. Everyone's waiting for huger movements in crypto, for regulators decisions.
It is the news that influence anyone decision to buy/sell the coin as per the gravity of the news. In our country news channel misunderstood the government statement and projected it very negative way and due to which people considered it as the end of the market in our country and started selling it leading to some fall in the market.