The Cryptocurrency market has moved way past that stage where news tend to move price majorly, for example Ripple recently announced a partnership with a bank and the price of the tokens didn't even move one bit and that's the number three coin on Coinmarketcap, so smaller projects out there do not even stand a chance to move their token price because of any news they have to release to their community members.
the impact for large coins is still relatively small because the price is above average.
But for other coins that can slightly lift the trend, especially coins below $ 0.01, fundamentals also determine the view of traders to make positions, but most are only temporary and hold 1-5 points above the previous price, all depending on the emerging sentiment.