The value of the coin is affected by the news?

[comer]

We really need this kind of news to push the market to increase. The situation of crypto really affected by news spreading around the space. This is because the price movement was solely depend on the investors money putting into market. The more money circulating the higher the price of all altcoin.

[Crypto Prime]

I think people still think to think about investing again in Crypto. Some people are still worried if the news that has been heard is a hoax, so they have not dared to buy coins. That's why crypto is still in the red zone. But if there is bad news about crypto, people quickly pull crypto so that the zone is easily red.

[therozaq]

IBM - The technology giant has signed a $ 740 million deal with the US government to use blockchain and other new technologies to improve data security.
There is a lot of good news for the cryptocurrency market, but I do not see much change in the value of the coin. But if there is bad news about crypto, it looks like the market is just red

Yes It is true the news will affect the price of crypto currency. It will affect demand of crypto.

[skjude001]

IBM - The technology giant has signed a $ 740 million deal with the US government to use blockchain and other new technologies to improve data security.
There is a lot of good news for the cryptocurrency market, but I do not see much change in the value of the coin. But if there is bad news about crypto, it looks like the market is just red

This is because the price movement was solely depend on the investors money putting into market. The more money circulating the higher the price of all altcoin.I see the market sluggish, and prices tend to be low. Positive news alone has not been able to influence an investor's interest in buying coins.

[The Translator]

The value of the coin is influenced by Trade and Investment on coins. If many people sell their coins, then coin prices will automatically drop slowly as many people sell them. Likewise, if many people buy coins and continue to buy them, then the price of coins automatically rises and continues to rise every day.

[Anggit]

It could be that both good and bad news do affect crypto prices, people who have coins also play a role in influencing, the more people who sell coins the price will definitely go down and vice versa.