Hello everyone Project Hope friends today I want to talk to you about the influence that news has on the cryptocurrency market and you will say but how does news affect the cryptoasset market? Well yes they do either positively or negatively, remember that investment projects and the value of cryptoassets are based on the credibility of those projects and the profitability of the cryptoassets we are acquiring, but these in turn depend on a financial system that believes in them.

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Let's think for a moment about the following, I have some money that I want to invest and I decide to buy a house the first thing I do is look for a real estate agent or establish on my own a search for the perfect house, this search will be determined a number of variables ranging from the cost to the construction time of the house and more, very well now, suppose we already have a house selected and just when we decide to make the purchase we hear a series of rumors about the house, for example that the neighborhood is dangerous at night, that the public services do not work as well as you have been told, that the house has no solid foundation, that its price is a hoax and stop counting, in that case what do we do, do we buy the house or not? We start to doubt, don't we?

The same happens with cryptoassets, every news that is generated and that tries to show an unfavorable situation about them leads us to doubts in the investment and starts a crisis in the market because, if I own a number of cryptocurrencies X of which I start to hear that they will no longer be accepted in sectors where before they were, that there are ghost projects or that there are strong indications of having generated a scam with these obviously the market depending on the value of that cryptocurrency will begin to show significant fluctuations.

Here are some examples:

In the following link you will find the complete news if you wish to read it and share your opinion: nasdaq.com In this, the address of coinmarketcap.com specialized cryptocurrency quotation information portal.

All the news about the SEC lawsuits against Ripple caused a plunge of the XRP token which had recovered but is again exposed and attacked causing a 15.13% plunge just 24 hours after the news was published. The Ripple company is accused of generating fraudulent ICO (Initial Coin Offering) projects. This is just an example of what a matrix of news information can generate in investors and evidently in the market, because even when everything is based on statistics and quantitative data, it is said that "when the river has a sound, it brings stones".