Influence of mass media on the crypto-currency space

January 13, 2018

An outstanding example of the influence of the media on the crypto-currency space can be considered the following event: after the complete ban of ICO and currency exchange operations with crypto-currencies in China, there was unconfirmed information that the Chinese government instructed to completely stop the work of crypto- exchanges. As reported by the Chinese news service Caixin, the market immediately reacted with a decline in almost all digital currencies.