Do FOMC and macroeconomic announcements affect Bitcoin prices?

被引：31

作者：

Pyo, Sujin ^{[1
]}

Lee, Jaewook ^{[1
]}

机构：

[1] Seoul Natl Univ, Dept Ind Engn, 1 Gwanak Ro, Seoul 08826, South Korea

来源：

FINANCE RESEARCH LETTERS | 2020年 / 37卷

基金：

新加坡国家研究基金会;

关键词：

Bitcoin; Cryptocurrency; FOMC announcements; Macroeconomic announcements; INEFFICIENCY; MARKETS; DOLLAR; GOLD;

D O I：

10.1016/j.frl.2019.101386

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

Bitcoin, developed by Satoshi Nakamoto after the financial crisis in 2008, has risen in price since the beginning of 2010. To date, many investors have been participating in the Bitcoin market and trading. This study analyzes if the FOMC and macroeconomic announcements affect Bitcoin prices. Various studies have been actively conducted as the cryptocurrency market, including Bitcoin, rapidly develops. However, few studies on the effect of FOMC and macroeconomic announcements on Bitcoin prices are available. If the announcements affect the Bitcoin prices, then investors could consider the conclusions of this study to prepare for price changes.

引用

页数：6

共 50 条

[1] Global asset prices and FOMC announcements
Hausman, Joshua
Wongswan, Jon
[J]. JOURNAL OF INTERNATIONAL MONEY AND FINANCE, 2011, 30 (03) : 547 - 571
[2] How do futures contracts affect Bitcoin prices ?
Bouoiyour, Jamal
Selmi, Refk
[J]. ECONOMICS BULLETIN, 2019, 39 (02): : 1127 - +
[3] THE EFFECTS OF MACROECONOMIC ANNOUNCEMENTS ON COMMODITY PRICES
BARNHART, SW
[J]. AMERICAN JOURNAL OF AGRICULTURAL ECONOMICS, 1989, 71 (02) : 389 - 403
[4] How do USDA announcements affect international commodity prices?
McKenzie, Andrew M.
Ke, Yangmin
[J]. JOURNAL OF COMMODITY MARKETS, 2022, 28
[5] Expectations of Macroeconomic News Announcements: Bitcoin vs. Traditional Assets
Muzic, Ivan
Grzeta, Ivan
[J]. RISKS, 2022, 10 (06)
[6] Do Macroeconomic Announcements Move Inflation Forecasts?
Amstad, Marlene
Fischer, Andreas M.
[J]. FEDERAL RESERVE BANK OF ST LOUIS REVIEW, 2009, 91 (05): : 507 - 518
[7] The impact of macroeconomic announcements on stock prices: In search of state dependence
Poitras, M
[J]. SOUTHERN ECONOMIC JOURNAL, 2004, 70 (03) : 549 - 565
[8] How do oil prices, macroeconomic factors and policies affect the market for renewable energy?
Shah, Imran Hussain
Hiles, Charlie
Morley, Bruce
[J]. APPLIED ENERGY, 2018, 215 : 87 - 97
[9] Do monetary policy announcements affect stock prices in emerging market countries? The case of Thailand
Vithessonthi, Chaiporn
Techarongrojwong, Yaowaluk
[J]. JOURNAL OF MULTINATIONAL FINANCIAL MANAGEMENT, 2013, 23 (05) : 446 - 469
[10] Do OPEC announcements influence oil prices?
Loutia, Amine
Mellios, Constantin
Andriosopoulos, Kostas
[J]. ENERGY POLICY, 2016, 90 : 262 - 272

← 1 2 3 4 5 →