At this stage of the market - everything is possible, and each person has his own reasons why they leave the crypto-currency industry, and there can be many of them. Most of them are not ready for such fluctuations in prices in the crypto currency market, and people also believe in negative and untruthful news.
It's not just that people believe negative and false news, it's that people who know dump on such news because they know it will hurt the price.