News is really important because some investors are relying on the news and every time we hear negative news about cryptocurrency you can observe that the market is dumping because of that. Fake news is different, it creates panic to everyone and that it their main goal to make people panic and sold their token at a loss.

News influence everything, not just cryptomarket but the whole market I think. This is a global market, and any news around the world can affect the market even if its just a small news. I suggest to everyone that don't depend on any news, make it just your basis but still have your own study about the market which is more reliable and safe I think.