The recent Bitcoin ban and fake news add up to financial market manipulation.
It impacts the prices but not for too long.
long or not depends on the FUD news that is spread. If the negative news is really serious then the market will crash and need time to recover.
Currently, many large media are easy to pay to post some FUD news which of course will disrupt the market situation, the purpose of the manipulation is certainly coordinated. Many manipulations at this time, more thorough and careful not to get caught up in it.