Google Trends and cryptocurrencies: a nonparametric causality-in-quantiles analysis

被引：9
|
作者：
Raza, Syed Ali [1 ]
Yarovaya, Larisa [2 ]
Guesmi, Khaled [3 ]
Shah, Nida [1 ]
机构：
[1] IQRA Univ, Dept Management Sci, Karachi, Pakistan
[2] Univ Southampton, Southampton, Hants, England
[3] Paris Sch Business, CRECC, Paris, France
来源：
INTERNATIONAL JOURNAL OF EMERGING MARKETS | 2023年 / 18卷 / 12期
关键词：
Google Trends; Cryptocurrencies; Bitcoin; NEM; Ripple; Dash; Ethereum; Litecoin; Nonparametric causality-in-quantiles test; BITCOIN; CONSUMPTION; PARAMETER; ATTENTION; SEARCHES; RETURNS; TESTS;
D O I：
10.1108/IJOEM-10-2021-1522
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
Purpose This article aims to uncover the impact of Google Trends on cryptocurrency markets beyond Bitcoin during the time of increased attention to altcoins, especially during the COVID-19 pandemic. Design/methodology/approach This paper analyses the nexus among the Google Trends and six cryptocurrencies, namely Bitcoin, New Economy Movement (NEM), Dash, Ethereum, Ripple and Litecoin by utilizing the causality-in-quantiles technique on data comprised of the years January 2016-March 2021. Findings The findings show that Google Trends cause the Litecoin, Bitcoin, Ripple, Ethereum and NEM prices at majority of the quantiles except for Dash. Originality/value The findings will help investors to develop more in-depth understanding of impact of Google Trends on cryptocurrency prices and build successful trading strategies in a more matured digital assets ecosystem.
引用
收藏
页码：5972 / 5989
页数：18
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