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Co-movement of COVID-19 and Bitcoin: Evidence from wavelet coherence analysis

We apply wavelet methods to daily data of COVID-19 world deaths and daily Bitcoin prices from 31th December 2019 to 29th April 2020. We find, especially for the period post April 5, that levels of COVID-19 caused a rise in Bitcoin prices. We contribute to the fast-growing body of work on the financi...

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Detalles Bibliográficos
Autores principales: Goodell, John W., Goutte, Stephane
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Inc. 2021
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9761190/
https://www.ncbi.nlm.nih.gov/pubmed/36569647
http://dx.doi.org/10.1016/j.frl.2020.101625