The crypto markets are not listening to the outside world news

[Jack764 1841]

It is possible that an external news affects the field of cryptocurrencies, either increase or decrease, but news of cryptocurrencies is often on their own.

[M.Asif 499]

In my case I think crypto world has good interactions with news for its high values and good customer services. Prices are not mainly affected but has some ups and downs  as market value fluctuations. In addition to this mostly crypto currencies values not goes down. Also it have fluctuations as world stock market values changes.

[Lokeloke 576]

On 1/16/2021 at 4:00 PM, Jack764 said:

It is possible that an external news affects the field of cryptocurrencies, either increase or decrease, but news of cryptocurrencies is often on their own

You're right, there are some experts that people tends to believe in their predictions on how the market will spike, when they released a prediction people will take it into consideration and thereby act accordingly thereby giving the results it should give, for example, when he predict Bitcoin will rise in value, people will buy massively waiting for it to rise, not knowing that since the demand is increasing the value increases too, as they are buying more the price keep going up, and if he predict that it's going down, people keep selling and at the end, the price keep dropping since the supply is high than the demand. So those are the type of news that affect coins

[Choudhary umer 0]

Yes you said absolutely right the cryptocurrency market is not less than the news of the world so I want to suggest you that you should to careful about the investment on this forum that is very beneficial to prevent the loss

[Haley 832]

Yes news always have an affect on the cryptomarket but this affect is in an indirect form. Like news aware people about the price and ups and downs of the market to which people react. If they find news beneficial the demand of cryptocurrency increase which increases the price automatically and vice versa. 

[korobi909 193]

The most important advantages of trading according to the news, is that when you set your expectations according to your own expectation of the result of the news expected to be released, then, in the case of successful forecasts, you benefit from the large movements that occur in relation to prices

[kumkum444 142]

They are listening, definitely listening. A great example is the fall of the market in early March. Because the world started to panic due to the coronavirus, the cryptocurrency market caught the panic and began to plummet. Therefore, the fact that the cryptocurrency market is not dependent is fiction, it is dependent.

[Dissy sb 945]

Yes you said absolutely right the Crypto market is not listen the news outside the market that is very harmful and I want to tell you that the price of the market and the economy of the different countries are changed and effect on the cryptocurrency

[Sumon21 151]

We all know that cryptocurrency prices depend on demand. If there is any news that creates interest in people's minds, it can affect the market. However, this is not possible with any general news.  

[koynayak 1923]

Cryptocurrency prices can easily effected by the news in a short time, and i beileve this will go like that untill the crypto's end. It's in the nature of crypto, every news effecting the price, if some coin made agreement with google, you can see the incredible price increase, that's why i love crypto.

[Pereira 2303]

I differ a bit with my personal opinion, because these news if they can influence the growth of cryptocurrencies, well, they certainly do not influence the rise or fall directly, but it does influence people and this causes an impact on the purchase and demand of the same asset, for this reason it is the sudden growth or fall of the same asset, for news they directly influence us in decision-making.

[basel23 1722]

I think that cryptocurrencies are not affected by the news much as is the case in the forex market because cryptocurrencies do not belong to one country or region, they are global, but some news can help cryptocurrencies grow well, as happened with TWT when they were included in the Binance platform

[Brushless4500KV 4214]

Responding to any event or news are either up or down. It means crypto market reacts to every news by a change in price. Whatever direction it chooses to go, you can get a benefit from it. If you already have some coins in your wallets, you will get a reward if some news affects the market in positive way. Even if a news causes a reduction of prices, you can still use the opportunity for future investment. So, it is up to you to decide how you want to interpret the effects of news on crypto market.

[selfmade 7]

On 1/15/2021 at 6:40 PM, Farukatie said:

News are becoming an essential part for the people who wants to invest in cryptocurrencies because news is an easy way to get knowledge about cryptocurrencies that when and who are investing or withdrawing from cryptocurrencies. In this way people easily invested in cryptocurrencies.

But on the other hand news contributes a lot in messing with technical analysis, because news causes panic sells and panic buys in the crypto market.

[HadiLord 926]

But it was affected by the global Corona pandemic and affected by the American elections, according to many analysts, in my opinion, it affects significantly, but it depends on the global event itself.

[Francy Mory 543]

On 1/10/2020 at 7:37 AM, BTC Future said:

I think that what we should be following is actually rumours. Thats where the profit is. You buy the rumour and once it becomes actual news you sell with a large profit. Buying the news can be tricky and most of the times these news are already priced in. So better be careful.

Rumors and speculations are the order of the day and if doubts arise about any information about Cryptocurrencies, it is important to investigate where they support that argument and look for reliable sources where they give us truthful information.

[Alibhai 462]

I don't think  so that news really contribute to the prise if the coins or the currencies if this platform as we all know that it's prise depends upon the traders and the ratio of investment not the news but yeah I must say that news can promote or depromote this currency.

[Alix188 585]

It is agreed that cryptocurrencies are not affected by news much like other financial markets, and this is due to the fact that cryptocurrencies do not belong to one party or one country, but some news affect the cryptocurrencies, such as the news of the inclusion of a new currency in a famous platform such as Binance or the investment of one of the major companies in the field Cryptocurrencies

[Shadi29 871]

Yes, my friends, I think that the encrypted currencies are greatly affected by the news. Any global event, whether economic, political or otherwise, will affect the encrypted currencies either by height or decline, such as the Corona epidemic, which has greatly affected this

[علي سليمان 1071]

This idea may be correct. But from my point of view, the news has nothing to do with the price of Bitcoin. Because it is a digital currency managed by some members and robots who can manipulate its price. Thus, news cannot change the price of digital currencies.

[james653 981]

The world of cryptocurrencies is very complex and needs a lot of knowledge.  Demand for it can be increased.  When Bill Gates attacked Bitcoin, its price fell slightly due to a statement.  Price is determined by supply and demand, given external events.

[Dormilon 2183]

4 minutes ago, james653 said:

The world of cryptocurrencies is very complex and needs a lot of knowledge.  Demand for it can be increased.  When Bill Gates attacked Bitcoin, its price fell slightly due to a statement.  Price is determined by supply and demand, given external events.

@james653 At this time, economic information has repercussions on the fluctuation of cryptocurrencies, this happens because many investors, among these large companies, are waiting for this information to take a step towards their profitability, what happened with DOGE and Ellon Musk, he tells us that in these times what is read in the news can trigger a rise or fall in the prices of currencies, that did not happen in 2017, now cryptos have become better known and social networks play an important role in the movement of the users.

[chris smith 950]

The global events are affected on many fields and especially the financial markets and we saw how the corona pandemic chamged the crypto prices.

[Saleena micky 685]

well sometimes the world news can affect the prices of cryptos, like banning cryptos from google advertisement the crypto prices went down, but sometimes not.

[Malik Abi 0]

The influence of any news on the valuation of cryptocurrencies is not irreversible. When a new initiative or piece of economic data about a nation is revealed  Prices will temporarily rise if there is no more relevant news in the coming days Prices will plummet once again. Only crypto users who take news seriously will act on it. Traders and whales, I agree, are the most affected.