How do cryptocurrency prices react to news and events?
Could you please elaborate on how cryptocurrency prices tend to respond to various news and events? Do they typically rise or fall in response to positive or negative announcements? Is there a pattern in their reactions, or does it vary depending on the specific cryptocurrency and the nature of the news? Also, how quickly do these price movements occur, and are they often temporary or long-lasting? Finally, how do investors and traders typically react to such news and events, and how does this affect the overall market?