The influence of the latest news for the condition of cryptocurrencies has existed all this time so what needs to be seen is where the news source itself comes from so that everyone can judge whether the news is true or not, because there is a lot of Fud news that is completely unimportant to respond to.
It doesn't even matter if the source is true or not in the crypto world unfortunately. There are too many people who act as if the source matters a lot and then they end up getting run over by the masses. People just see good news and buy, see bad news and sell and that has been the case for years now.
I know that doesn't make too much sense and I still do not know why they do not calculate better before they react so quickly. Only guess I have is that trying to be early in trading, so if it is actually good then they would be buying before anyone else, and if it is actually bad then they would be selling before anyone else, that is the only guess I could make.
We know that this market does really need out some immediate reaction on what conditions or situations you might be into because price could make a U-turn in a blink of an eye that's why I couldn't really
blame out people to be that highly reactive nor make out decisions quickly no matter what because they do tend to get in and get out on fast pace manner before its too late.
One aim would be always be making on profits no matter what the things you should do as long you do able to hit your goal or target then that what matter most.