Bitcoin has been targeted once again with negative speculations over the media and it all started with flashing news when bitcoin reached its ATH and gradually publishers most possibly sponsored by government or banks are trying to question bitcoin's stability and we see new articles everyday stating Bitcoin is going to drop massively and all. This definitely affects nee entrants into Bitcoin which might lead them to withdraw it.
This time they are not directly targeting bitcoin but gradually.
News have a huge potential to affect the market price negative news will make people sell there bitcoin or maybe some will go for a different method like just reinvesting and going for just a short term investment for a low risk investment. And also positive news and influence the price to increase easily also like what happened because of elon musk bitcoin bio from that we can see how it affects the market and the traders. There was a big risk in investing because of the volatility of the market people are saying that it could be a huge scheme because if someone could sell a huge volume of bitcoin it could crash the market but it common that investing in cryptocurrency is risky.