For Publishers
DiscoveryMetadataPeer reviewHostingPublishing
For Researchers
JoinPublishReviewCollect
Register
Blog
About
Search
Advanced search
My ScienceOpen
Search
For Publishers
For Researchers
Blog
About
17
views
20
references
 Top references
cited by
17
    
0 reviews
 Review
0
comments
 Comment
0
recommends
+1 Recommend
1 collections
    0
    shares
      689
      similar
       All similar
      • Record: found
      • Abstract: found
      • Article: not found

      COVID-19 pandemic improves market signals of cryptocurrencies–evidence from Bitcoin, Bitcoin Cash, Ethereum, and Litecoin

      research-article

      Read this article at

      ScienceOpenPublisherPMC
          There is no author summary for this article yet. Authors can add summaries to their articles on ScienceOpen to make them more accessible to a non-specialist audience.

          Abstract

          The COVID-19 global pandemic has disrupted business-as-usual, hence, affecting sustained economic development across countries. However, it appears economic uncertainty following COVID-19 containment measures favor market signals of cryptocurrencies. Here, this study empirically and structurally investigates the implication of COVID-19 health outcomes on market prices of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. Evidence from the novel Romano-Wolf multiple hypotheses reveal COVID-19 shocks spur Litecoin by 3.20-3.84%, Bitcoin by 2.71-3.27%, Ethereum by 1.43-1.75%, and Bitcoin Cash by 1.34-1.62%.

          Related collections

          Most cited references20

          • Record: found
          • Abstract: not found
          • Article: not found

          Testing for a unit root in time series regression

          PETER C. B. PHILLIPS, Pierre Perron (1988)
          Article 0 comments Cited 1553 times – based on 0 reviews     Review now
            Bookmark
            • Record: found
            • Abstract: not found
            • Article: not found

            Distribution of the Estimators for Autoregressive Time Series with a Unit Root

            David Dickey, Wayne Fuller (1979)
            Article 0 comments Cited 644 times – based on 0 reviews     Review now
              Bookmark
              • Record: found
              • Abstract: not found
              • Article: not found

              Testing for a Unit Root in Time Series Regression

              Pierre Perron, Peter C. B. Phillips (1988)
              Article 0 comments Cited 175 times – based on 0 reviews     Review now
                Bookmark
                All references

                Author and article information

                Journal
                Journal ID (nlm-ta): Financ Res Lett
                Journal ID (iso-abbrev): Financ Res Lett
                Title: Finance Research Letters
                Publisher: The Author(s). Published by Elsevier Inc.
                ISSN (Print): 1544-6123
                ISSN (Electronic): 1544-6131
                Publication date PMC-release: 6 April 2021
                Publication date (Print): January 2022
                Publication date (Electronic): 6 April 2021
                Volume: 44
                Page: 102049
                Affiliations
                [0001]Nord University Business School (HHN). Post Box 1490, 8049 Bodø, Norway
                Author notes
                [* ]Corresponding author.
                Article
                Publisher Item ID: S1544-6123(21)00130-6 Publisher ID: 102049
                DOI: 10.1016/j.frl.2021.102049
                PMC ID: 9024312
                SO-VID: 2a56d73e-320c-467b-a794-c5e054b90d3b
                Copyright © © 2021 The Author(s)
                License:

                Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.

                History
                Date received : 29 January 2021
                Date revision received : 25 March 2021
                Date accepted : 2 April 2021
                Categories
                Subject: Article

                Keywords: bitcoin,bitcoin cash,ethereum,litecoin,cryptocurrency,covid-19 pandemic,romano-wolf multiple hypotheses,economic uncertainty,market signals,commodity market
                Data availability:
                Keywords: bitcoin, bitcoin cash, ethereum, litecoin, cryptocurrency, covid-19 pandemic, romano-wolf multiple hypotheses, economic uncertainty, market signals, commodity market

                Comments

                Comment on this article

                scite_

                Similar content689

                See all similar

                Cited by17

                See all cited by

                Most referenced authors111

                See all reference authors