To be short, it was drastically pumped, so do you think it will be dumped another way? - NO 
Another thing, crypto market is influenced by news and crowd expectations. If crowd panics, imagine what happens with the market...
Another thing, crypto market is influenced by news and crowd expectations. If crowd panics, imagine what happens with the market...
Exactly bro, news and unresearched information is what majorly controls the market. This information causes panic and dump most especially from new investor.
Some don't even bother to read the main content of the news, they see an 'enticing' headline, they start acting on it!
For example the whales who are manipulating the market. the crypto related news, and specially the immature approach of the inexperienced investors, who always start panic selling even if there is roamers of wrong news.
I think they need to do some confirmation about the news, on the basis of which they are going take an action.