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

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