Acceso al sitio web del Consejo de Políticas de Infraestructura

   
ARTÍCULO
TITULO

#Bitcoin, #COVID-19: Twitter-Based Uncertainty and Bitcoin Before and during the Pandemic

Joseph J. French    

Resumen

We investigated the differential impacts of a new Twitter-based Market Uncertainty index (TMU) and variables for Bitcoin before and during the COVID-19 pandemic. Results showed that TMU is a leading indicator of Bitcoin returns only during the pandemic, and the effect of the TMU on Bitcoin?s conditional volatility is significantly greater during the pandemic. Furthermore, during the pandemic, the uncertainty content of people?s tweets is impacted by the highly salient Bitcoin market. Taken together, our results suggest that the information contained in virtual communities such as Twitter have a much larger impact on cryptocurrency markets following COVID-19.

PÁGINAS
pp. 0 - 0
MATERIAS
ECONOMÍA

 Artículos similares

       
 
Melih Sefa Yavuz,Gözde Bozkurt,Semra Boga     Pág. 36 - 45
Many investors include cryptocurrencies as potential investment tools in their portfolios. Previous studies have mostly analyzed Bitcoin regarding its hedge and safe haven features. Although the cryptocurrency market has expanded far beyond Bitcoin, few ... ver más

 
Jo Lindsay Walton     Pág. Finance an - 66
Recently parallels have been drawn between Bitcoin and Yapese stone money. This article focuses on Fitzpatrick and McKeon?s (2019) exploration of similarities and differences. The analogy between Bitcoin and Yapese stone money is based on proposed common... ver más

 
Nikolaos A. Kyriazis    
This study sets out to explore the impacts of the Russian-Ukrainian conflict on worldwide financial markets by considering a large array of national currencies, precious metals and fuel, agricultural commodities and cryptocurrencies. Estimations span the... ver más

 
Gencay Tepe, Umut Burak Geyikci and Fatih Mehmet Sancak    
The financial-technology industry has recently attracted the attention of many sectors. The financial-technology industry designs new and unusual technological financial services in many areas. It combines technology with finance and provides an alternat... ver más

 
Cong Gu,Benfu Lv,Ying Liu,Geng Peng     Pág. 27 - 34
On March 23, 2020, the Federal Reserve Board started the ?unlimited quantitative easing? to boost economy. After the announcement, an obvious boom in the cryptocurrency markets is observed. This research adopted an event analysis method, by analyzing the... ver más