RE: Steemit Crypto Academy Contest / S11W04 - Cryptographic News And Events

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Steemit Crypto Academy Contest / S11W04 - Cryptographic News And Events

in hive-108451 •  2 years ago 

It is impressive to see your comprehensive analysis of the impact of news on cryptocurrency prices. You have explained well how positive news can trigger FOMO and negative news can lead to FUD, influencing market movement. Your insights about the effects of events like coin burning and massive selling are insightful. The example of Elon Musk's tweet causing a significant Bitcoin price drop is a clear illustration of news-driven market shifts. Your understanding of market manipulation and the role of whales is great, too. Keep up the great work!

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THANK you so much dear for the nice and precious comment here. Much more love and respect.