RE: The 3 Reason Behind the Crash
I would say its NOT a news driven decline but an EXCUSE driven one.
Every big media and financial institution on the planet missed the story on cryptocurrencies -- proving themselves total failures as info and advisory services.
The only way they can recover some credibility is too have cryptos decline massively, and then claim blockchain was only a fad not news or revolutionary tech.
OR "b", they can do what they are doing: which is put out news stories to explain sell offs and rises, convincing you that the media understands the market. And even drives it.
It's the same game they've played for decades with stocks. Truth is "animal spirits" drive market swings, ie emotions; likewise, longer term market trends are driven by the reality of new tech slowing sinking into the public conscious.
Neither of these is EVER explained by the media.
Sure the media and also the system are trying everything to gain some credibility. They missed the train of crypto and try now to sink it and get on the train and take advantage of it. There is plenty of reasons behind the curtains. Any way for us, we get used to it and I am not afraid of it I hold and even buy more. :)