Post
Topic
Board Speculation
Re: How news influence the market.
by
zee11225
on 18/07/2019, 11:49:34 UTC
Maybe the news in the mass media will greatly affect a product, either a legitimate product sold or an illegal product, as well as this bitcoin will be very influential with media coverage whether it is genuine or fake news, because negative reporting will eliminate some investors to  invest in bitcoin, so that it can affect the decline in the price of bitcoin
News greatly affects the price of crypto trading, due to the content of the news relating to the policies of large companies or countries that affect large investors so that they will take a policy to sell or buy crypto.
Therefore traders are looking forward to news from trusted TV or newspapers because from accurate information can be a benchmark for crypto price movements.