whether news from the media can affect asset prices in the market

[Leyss]

Of course, the news submitted by the media directly affects the price of the crypto currency. We have already been convinced of this many times. And the crypto currency for various, bad and good news reacts literally on the same day. It was especially noticeable how bitcoin and other types of crypto-currencies reacted to bad, including untrue news, at the beginning of this year, when the Crypto-currency was deliberately tried to be lowered in price.

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[Jlimao28]

it depends on the news and the timing of it. also it depends on the market itself too.
for example bitcoin market is a lot bigger than any altcoin market so the new effect on bitcoin is not the same as the effects on altcoins. a simple news can push an altcoin up or down a lot more than it can bitcoin's price.
also the reality of the news and the history of the effects of such news can make a difference. for example when an exchange is hacked there will be panic but also speculators expecting a price drop so the price WILL drop. or when a shitcoin is listed on a big exchange it creates hype but also speculators know in the past it has led to price rise so they buy it and price WILL rise.

It depends also upon how strong the news is. In technical analysis, there is so called priced in. It came from the news that spread out, maybe good or bad. If the news is much more stronger, expect that the price will move according to it but if the news get exhausted, there is a tendency that the price will reverse.
In some case, the news about ETF affected the crypto market. BTC and ETH fall down when the delayed ETF news exploded. But when the news getting exhausted, many people bought bitcoin and there is a good result.

[pant-79]

We can forecast any market with the help of technical analysis. But the crypto market has its own characteristics. He is too influenced by the news. Therefore, you always need to keep abreast of the news. But most importantly, it is always sensible to evaluate the source of the news and the news itself. Since in the crypt world often there are fake news, and fake news can push you to bad actions.

[pooya87]

In general news has influence in cryptocurrency price, especially bad news. Because bad news causing panic to many cryptocurrency seller, and the bitcoin and altcoins prices start falling down . But of course the biggest effects of the news appear to beginers.

news on its own is not going to change anything but the reaction that the market shows to the news is everything and that reaction is depending on the timing and the market sentiment of that time. for instance we had a great news lately (bakkt) but it didn't affect the price at all because market is not ready for a rise even though the beginners and most everyone else was super hyped about it.

[chocolah29]

I have heard suggestions from my friends, to see news about coins / tokens that I trade on the market to be able to predict coin prices / tokens on the market,

Yes and it can entirely affect the price and the people as well that's why whales are also into media because they can pay them to create either fud or hype so people will buy it.  Seemingly, this is how the world run and if you didn't know how to follow it then you'll leave empty pocket.

Better yet don't be a FOMO and always filter every news that you've heard.

[Idrisu]

News do affects assets price and that is why  we do keep calendar of events that has happened before and try to predict how those events affects the market.  I don't think that the market will make significant move without news and events analysis.