Does positive news effect the cryptocurreny market like it should?

Even though the month of September has been one of the most positive in the cryptocurency market's history, you wouldn't be able to tell by following the price of bitcoin and altcoins with each piece of positive news.

The development in currencies like Ethereum and Bitcoin, and the overall market have no direct impact for their price. So either bears are keeping the market down or we can expect to see an after effect of the positive news we are seeing once a bullish trend starts.

If you are not keeping up with all that is happening with crypto than let me make you aware. All of these happening in September and we are not even halfway through:

• Nasdaq building crypto analytics tool.
• Gemini's fully audited stablecoin.
• EU commission makes comment crypto is here to stay.
• Citigroup looking into custody.

Still bitcoin is staying below the level it needs to reach for a break out and other cryptocurrencies are finding new bottoms. It is a little head scratching to see this news get brushed off like it has been and have no direct positive effect, despite that ethereum is recovering nice with more than 10% increase, and some of the altcoins have had recovery also. So it isn't all bad.

Knowing that september has been a positive one because of the news, you are probably wondering when it will be positive for the price.

To answer that you should realize that in the past bitcoin and the cryptocurreny market has seen the same thing that is happening now with massive decreases, and every time has gone up to make new highs.

Cryptocurrency doesn't seem to be effected by the negative people and the bad news people try to spread to keep it down and erase it from existence.

If you ask me cryptocurrency is fighting against the odds being the disruptive and revolutionary movement it is. Honestly, think of something that has tried to fight the governance of finance and even try to give people freedom and has been able to be successful without eventually getting chained to some type government overwatch.

Is that what to expect with what we all love in cryptocurrency? The technology and bitcoin belongs to the people who use it not someone who wants to control the value and demand. That is why we love it and want to see the best things happen for not only the development but also for the price.

Please let me know your thoughts in the comments and don't forget to follow!