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