This made people doubt if the news was true or not, and they wanted to know where this information came from.
That news was proven to be false. Cointelegraph admitted that the news was wrong and they'd made a mistake posting it. Thanks to the one who's behind that manipulation who has made a lot of money for just a few hours.
Why Bitcoin's Price Surges and Drops Unexpectedly
Just think of it at all times, Bitcoin is volatile and its price is always on the verge of going up and down. So that's it, because of it being volatile every news that comes out to be positive can affect it positively and every news that comes out negatively can also affect its price.
Do not be surprised when there is a fluctuation whether it's due to manipulation or not. But we'd love to see more of it if there is no news and it's just the normal move of Bitcoin based on the market and its demand. And we'll see that very soon when the upcoming halving is done. The good news are the ones that will follow Bitcoin because everyone knows what are the great impacts of its halving.