Revisiting Bitcoin Price Behavior Under Global Economic Uncertainty
نویسندگان
چکیده
This study examines the relationship between global economic policy uncertainty (GEPU) and bitcoin prices (BCP) employing rolling window method. The full sample test shows that there is no causality GEPU BCP. However, causal variables can be different when considering structural changes. finding of indicates in subsamples. It has found both positive negative bidirectional causalities BCP across various decision makers need to accelerate development blockchain technology used for hedging portfolio diversification. Moreover, enacting laws regulations on state interventions prohibitions ensures investor confidence. Information about changes should incorporated into selection avoid random market fluctuations. Its unregulated nature makes it more turbulent short term undergone sudden changes, so investors able obtain comprehensive information Policy ensure confidence by making legal prohibitions.
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ژورنال
عنوان ژورنال: SAGE Open
سال: 2021
ISSN: ['2158-2440']
DOI: https://doi.org/10.1177/21582440211040411