Analysis of bitcoin price fluctuations during the COVID-19 pandemic : is it a safe haven ?

Joint Authors

Hamiti, Nur al-Huda
Busubay Salih, Rahimah

Source

Revue Abaad Iktissadia

Issue

Vol. 12, Issue 2 (31 Dec. 2022), pp.427-444, 18 p.

Publisher

University of M'hamed Bougerra Boumerdes Faculty of Economic Sciences Business and Management Sciences

Publication Date

2022-12-31

Country of Publication

Algeria

No. of Pages

18

Main Subjects

Banking and Financial Sciences

Topics

Abstract EN

Our research paper aims to analyze bitcoin price fluctuations as global cumulative confirmed cases rise and confirm whether bitcoin is a safe haven during the pandemic, we are testing the hypothesis that investors are turning to bitcoin because of the increase in global confirmed cases in light of the sharp spread of COVID-19.

a descriptive analysis of daily data from January 22, 2020 to May 01, 2022 shows that bitcoin did not act as a safe haven during the pandemic and that investors are not resorting to bitcoin in fear and confusion of the high number of global cumulative confirmed cases but are linked to herd behavior and unconfirmed information.

American Psychological Association (APA)

Hamiti, Nur al-Huda& Busubay Salih, Rahimah. 2022. Analysis of bitcoin price fluctuations during the COVID-19 pandemic : is it a safe haven ?. Revue Abaad Iktissadia،Vol. 12, no. 2, pp.427-444.
https://search.emarefa.net/detail/BIM-1468762

Modern Language Association (MLA)

Hamiti, Nur al-Huda& Busubay Salih, Rahimah. Analysis of bitcoin price fluctuations during the COVID-19 pandemic : is it a safe haven ?. Revue Abaad Iktissadia Vol. 12, no. 2 (Dec. 2022), pp.427-444.
https://search.emarefa.net/detail/BIM-1468762

American Medical Association (AMA)

Hamiti, Nur al-Huda& Busubay Salih, Rahimah. Analysis of bitcoin price fluctuations during the COVID-19 pandemic : is it a safe haven ?. Revue Abaad Iktissadia. 2022. Vol. 12, no. 2, pp.427-444.
https://search.emarefa.net/detail/BIM-1468762

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references : p. 442-444

Record ID

BIM-1468762