But this is now not a peculiarity of the crypto market. Just look at what happened to the stock markets around the presidential election in America. News that Trump might win has affected the entire market - not just in the US! - an drew prices down, news about Biden's victory, on the other hand, had a very positive effect.

So news affects markets in general, not just in crypto. What is very characteristic here, however, is BTC as the lead currency, which is something I don't know from the stock or bond market at all.