Quiet down, Elon: 5 crypto stories that didn't need Musk's Twitter antics to move markets
Cointelegraph
Published May 13, 2021 11:35AM ET
Updated May 13, 2021 01:20PM ET
There’s more to crypto than Elon Musk’s frequent (and frequently misguided) tweets on the subjects of Bitcoin (BTC) and Dogecoin (DOGE). And although the brilliantly visionary CEO/Securities and Exchange Commission-baiting meme king may have positioned himself as a news cycle unto himself, crypto news has the power to influence major price action across the altcoin markets — particularly if you can be the first to react to it.
Rumors and news are the true tectonic forces behind the cryptocurrency market’s dynamics. Extensive research by the Cointelegraph Markets Pro data team suggests that three types of announcements — listings, staking and partnerships — have the most consistent impact on digital assets’ prices.
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Written By: Cointelegraph
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