Whether trading volume changes significantly before and after a news release is the simplest way to gauge its impact.
Take this news item, for example: SlowMist: A vulnerability in the BitBay Vault contract caused a loss of approximately $14,000 in DAI, $BTC 24h -0.72%, with trading volume at 1.736 billion.
At first glance, it seems somewhat negative, but the extent of the impact depends on whether selling pressure continues.
#BTC
Data is for reference only. Make your own decisions.
Take this news item, for example: SlowMist: A vulnerability in the BitBay Vault contract caused a loss of approximately $14,000 in DAI, $BTC 24h -0.72%, with trading volume at 1.736 billion.
At first glance, it seems somewhat negative, but the extent of the impact depends on whether selling pressure continues.
#BTC
Data is for reference only. Make your own decisions.