The market fell in response to the news today that South Korea banned altcoins.The news of OP brought confidence to the panicked people.
Not that big of a news though albeit a positive one, Brazil isn't the biggest crypto spots in the world, that's why I think it's not a good news. It's a welcoming one though, and I don't want to rain on the parade plus this news could spark more countries to start considering crypto in their own countries too.