Determining the Foreign Currencies Affecting the Bitcoin.

被引：0

作者：

Ozaltun G.C. ^{[1
]}

Ege I. ^{[1
]}

Topaloglu E.E. ^{[2
]}

Huang C.H. ^{[3
]}

Urkmez T. ^{[4
]}

机构：

[1] Mersin University, Department of Business Administration, Mersin

[2] Sirnak University, Department of Business Administration, Sirnak

[3] Solbridge International School of Business, Daejeon

[4] American University of Middle East, College of Business

来源：

Applied Mathematics and Nonlinear Sciences | 2023年 / 8卷 / 02期

关键词：

Bitcoin; Cryptocurrency; Electronic Money; Exchange Rate; Granger Causality; Time Series Analysis;

D O I：

10.2478/amns.2023.2.01139

中图分类号：

学科分类号：

摘要：

In the present paper, the Granger causality test is used to study the causality relationships between Bitcoin and some of the most highly traded currencies, including euro, Japanese yen, British pound, Chinese yuan, and Indian rupee. To this purpose, the daily exchange rates of Bitcoin and the selected currencies to USD between 2014 and 2018 were used. Different from findings in existing literature, our study shows that there are no Granger causalities between Bitcoin and Euro, Japanese yen, British pound, and Indian rupee. A Granger causality is found in the direction from the Chinese yuan to Bitcoin. © 2023 Gul Cennet Ozaltun et al., published by Sciendo.

引用

页码：3427 / 3444

页数：17

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