أثر تقلبات معدلات التضخم على أسعار البيتكوين خلال الفترة 2010-2022 : دراسة قياسية

الملخص EN

This study aims to know and analyze the effect of fluctuations in inflation rates on the conditional fluctuations of Bitcoin prices.

During the period from 2010 to 2022, using the EGARCH model, to find out the type and nature of the relationship between the variables, and the extent of the increase in the general level of prices caused by the volatility of Bitcoin prices.

The study concluded that the relationship between changes in inflation rates and bitcoin prices is an inverse relationship.

And the existence of the leverage effect, which was good news causing more severe shocks than bad news.

Therefore, Bitcoin price fluctuations will continue in the long term.

Accordingly, we conclude that Bitcoin is not a safe haven when inflation rates are high.