The crypto markets are not listening to the outside world news

[MrGox 880]

On 3/30/2020 at 7:52 AM, Veniatrs said:

I often hear the crypto market doesn't listen to outside world news. But the reality is not like that, the fact is since the rise of the covid-19 virus and the weakening world economy, the price of bitcoin has also fallen, in this March the price of bitcoin has fallen to 5,000 - 6,000 USD.

Indeed, as you above mentioned it is not so that. Since Corona happening everything has been affected very badly. (including this world). BTC and other altcoins prices have fallen. 

[Rendra808 92]

the solution isn't any and sure. in the quick time period, virtual currency markets and expenses do not respond, as an example, to the usa declaration of change tariffs, or the booklet of a large us of a with the aid of its susceptible financial records. but, the overall growth of cryptocurrencies, specifically in 2017, changed into and still is one of the reasons of macroeconomic conditions, inclusive of the spread of low interest costs and excessive availability of credit.

[George10 9932]

Cryptocurrencies can also be affected by any global news that has the great impact on stock markets that's my suggestion thanks.

[Thekingcallme 1975]

Yes, cryptocurrencies are not directly affected by the news, but rather are affected by the influence of traders and investors on the news. This makes them stop using crypto, which reduces the strength of supply and demand.

[SuperCrypto 7193]

On 4/10/2020 at 1:21 PM, Thekingcallme said:

Yes, cryptocurrencies are not directly affected by the news, but rather are affected by the influence of traders and investors on the news. This makes them stop using crypto, which reduces the strength of supply and demand.

The problem sometimes is that the news is not true, but it is arranged by some whales who know how to affect traders and change the nature of the market when they make traders panic and sell in an unplanned way.

[Brushless4500KV 4214]

On 4/10/2020 at 3:51 PM, Thekingcallme said:

Yes, cryptocurrencies are not directly affected by the news, but rather are affected by the influence of traders and investors on the news. This makes them stop using crypto, which reduces the strength of supply and demand.

I didn't understand your point. How can traders affect the news? News are published by news agencies and news text are written by crypto journalists. There is a possibility that some of the journalists themselves are crypto investors too but they can't write anything they want to transform the market to favor themselves. News can affect the market for sure. Many of halving countdowns are first announced in news agencies websites. Even the activities of whales are sometimes predicted in the news. So, it is wrong to say crypto market will not be affected by media.

[Hazera 9]

 I have thought of that, but most time I try to view the market even when the news is high t don't reflect the market I don't know if I am the only one who is not taking note of this. 

[Zues 1069]

On 1/9/2020 at 5:31 PM, SuperCrypto said:

 

Coins are affected by news all the time, to the point that news analysis companies are now important drivers of stock values and commodity prices, with their highs and lows. However, can we say the same thing about the crypto market? Are they affected by global events, political developments and economic indicators?

The answer is no and yes. In the short term, digital currency markets and prices do not respond, for example, to the US announcement of trade tariffs, or the publication of a large country by its weak economic data. However, the overall growth of cryptocurrencies, especially in 2017, was and still is one of the causes of macroeconomic conditions, such as the spread of low interest rates and high availability of credit.

In other words, while it cannot be said that digital currencies do not respond to any of the global economic or political news, their growth as a whole can be said to be one giant response to the current state of the global economy.

I think that they need to stay private because the government dont want to have any connections with cryptocurrencies. They think that the economy will fall with cryptocurrencies. 

[Treat1234 0]

6 hours ago, dooklas said:

Coins are very dependent on popularity and news. So for example btc is the most expensive coin because it is the most popular and I do a lot of news about it. News greatly affects the price of coins

Cryptocurrency are not that dependable on news and event, only pandemic was able to shocked cryptocurrency, but I have not seen other reason that has been able to make an impact on cryptocurrency

[abualez 4106]

I'm still a beginner here at the cryptotalk forum, but I do see that crypto markets are affected by external news, especially economic news, and what proves that is the current condition we live in, in which the bitcoin price has fallen.

[SuperCrypto 7193]

Good news. Custodial solutions that give financial institutions the ability to purchase a cryptocurrency contract on behalf of trading clients are starting to emerge. This is expected to stimulate institutional capital entry into the industry, and in turn provides a reliable seal of approval for individual investors as well.

[SuperCrypto 7193]

21 hours ago, Salauddin said:

In the world market control is dominated by many influential countries in the world, so what they think is targeted at the market or we see, since they can not control cryptocurrency, they are very afraid of cryptocurrency or Bitcoin.  because they are scared they do not place cryptocurrency.

Digital currency trading and investment in that field should not be based on false news and rumors being propagated by stakeholders in that, the successful investor and trader searches for information and news in reliable news sites only.

[jacker 1095]

I think that the nature of cryptocurrencies is not influenced by the news but in fact the global news and the severity of the disease, the crisis, the war will partly affect the money. electronics, it depends more or less. For example, the corona virus spread to other countries and caused many deaths. This affects bitcoin in part

[Captain Karim 0]

The cryptocurrency market is affected by crises and news. We have seen in the last period how all world markets collapsed due to the Corona crisis and the cryptocurrency market collapsed with it.

[Raqeebzy 6456]

Definitely, if these thing affect the people in one way or the other, economically, health wise,  take for example the pandemic, it will surely affect cryptocurrency as a whole. 

[Laboni 755]

The crypto markets are listening to the outside world news not currently but if everything in the country is on crypto then the crypto markets are bound to hear the news of the world. They will go under the control of the government and you will hear what the government says.

[BitcryptoHan 2557]

The crypto market at times listen to the outside world,  this is the fundamental part of cryptocurrency trading. It is very important tok and should not be neglected. 

[deepown 0]

On 4/14/2020 at 1:30 PM, Basad said:

I agree with some that says news affected Bitcoin prices but as a cryptocurency marketer or trader you can't do with out latest and updated news but we just have to be extra careful with some baseless news/ information that comes your way 

News are so important to follow for a trader but you must measure how much that news could affect the market.

[iloveyobit 6599]

Lack of nuts, in fact, it is true that the market is no longer affected by external news, and this annoys me a lot, because this shows that the market is rigged and thus it will lose the confidence of traders.

[Virgil dijk 1431]

Well I can say crypto are affected by global  events , why because if the top billionaires start doing campaign about bitcoin and telling people in news and media that bitcoin is actually one of the source of their income, you will see that the market will boost enough, why because many will find interest in joining crypto.

[Treat1234 0]

16 hours ago, labibaakterbithe7452 said:

l suppose crypto environment wouldn't have got to our society. You will find immediately a situation, of which can affect in fact economic crisis of this environment. Exploiting your viewpoint is risk-free as opposed to through.

Sometimes cryo response to the outside crisis, cryptocurrency is like other currency that might be altered when there is positive and negatives factors 

[Babubu609 0]

1 hour ago, Treat1234 said:

Sometimes cryo response to the outside crisis, cryptocurrency is like other currency that might be altered when there is positive and negatives factors 

As you said sometimes they listen to outside crisis but throughout this crisis about the coronavirus I don't here anything about a kind of help that cryptocurrency contribute to outside crisis

[Treat1234 0]

23 hours ago, Babubu609 said:

As you said sometimes they listen to outside crisis but throughout this crisis about the coronavirus I don't here anything about a kind of help that cryptocurrency contribute to outside crisis

Didn't you see the drop of all altcoins and bitcoin when the Corona become pandemic, have you noticed that bitcoin has gone below #4000

[Babubu609 0]

20 hours ago, Treat1234 said:

Didn't you see the drop of all altcoins and bitcoin when the Corona become pandemic, have you noticed that bitcoin has gone below #4000

Actually I noticed it some few weeks ago but what do you consider to be the major factor apart from the pandemic virus,, if pandemic could be the reason then it has a big effects to the cryptocurrency market

[Anukul Banjade 0]

The crypto markets are not listening to the outside world news  beacuse  they they donot have to worry about there trade and markets they are online and even during the lock down there true oppourtunities  so they can invest time and make some money in the lockdown . During this time there is good mining jobs