Fundamental and speculative components of the cryptocurrency pricing dynamics
Abstract The driving forces behind cryptoassets’ price dynamics are often perceived as being dominated by speculative factors and inherent bubble-bust episodes. Fundamental components are believed to have a weak, if any, role in the price-formation process. This study examines five cryptoassets with...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
SpringerOpen
2023-03-01
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Series: | Financial Innovation |
Subjects: | |
Online Access: | https://doi.org/10.1186/s40854-023-00465-7 |