REASONS AND CONSEQUENCES OF CRYPTOCURRENCY RECESSION FOR THE WORLD'S ECONOMY

The research proposed a solution to the current problem, which consists in substantiating the theoretical foundations for interaction between classical economy, crypto economy and local manufacturing. Achieving the specified goal made it necessary to solve the following tasks, which consisted in th...

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Main Authors: Дмитро Мацкевич, Інна Грановська
Format: Article
Language:English
Published: Helvetica Publishing House 2022-11-01
Series:Економіка та суспільство
Subjects:
Online Access:https://www.economyandsociety.in.ua/index.php/journal/article/view/1953
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author Дмитро Мацкевич
Інна Грановська
author_facet Дмитро Мацкевич
Інна Грановська
author_sort Дмитро Мацкевич
collection DOAJ
description The research proposed a solution to the current problem, which consists in substantiating the theoretical foundations for interaction between classical economy, crypto economy and local manufacturing. Achieving the specified goal made it necessary to solve the following tasks, which consisted in the characteristics of world's crises and searching main reasons of economy recession and world's crises consequences. The factors influencing the world's economy and in turn the crypto economy are defined. Consider the current situation with the economy taking into account russian invasion of Ukraine and considering the effect on cryptocurrencies, and the crypto ecosystem in general. Research was made on the visual presentation of the economic downturn on the DJIA and STOXX charts. Investigated superficially correlations between: DJIA and STOXX, BTC pricing and ETH pricing, DJIA, STOXX, BTC pricing and ETH pricing and demonstrated results on charts.
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spelling doaj.art-5da00909992e4ea5a5d6430b055f41c62022-12-27T17:30:06ZengHelvetica Publishing HouseЕкономіка та суспільство2524-00722022-11-014510.32782/2524-0072/2022-45-47REASONS AND CONSEQUENCES OF CRYPTOCURRENCY RECESSION FOR THE WORLD'S ECONOMYДмитро Мацкевич0Інна Грановська1Hryhorii Skovoroda University in PereiaslavHryhorii Skovoroda University in Pereiaslav The research proposed a solution to the current problem, which consists in substantiating the theoretical foundations for interaction between classical economy, crypto economy and local manufacturing. Achieving the specified goal made it necessary to solve the following tasks, which consisted in the characteristics of world's crises and searching main reasons of economy recession and world's crises consequences. The factors influencing the world's economy and in turn the crypto economy are defined. Consider the current situation with the economy taking into account russian invasion of Ukraine and considering the effect on cryptocurrencies, and the crypto ecosystem in general. Research was made on the visual presentation of the economic downturn on the DJIA and STOXX charts. Investigated superficially correlations between: DJIA and STOXX, BTC pricing and ETH pricing, DJIA, STOXX, BTC pricing and ETH pricing and demonstrated results on charts. https://www.economyandsociety.in.ua/index.php/journal/article/view/1953economycryptocryptocurrenciesBTCETHDJIA
spellingShingle Дмитро Мацкевич
Інна Грановська
REASONS AND CONSEQUENCES OF CRYPTOCURRENCY RECESSION FOR THE WORLD'S ECONOMY
Економіка та суспільство
economy
crypto
cryptocurrencies
BTC
ETH
DJIA
title REASONS AND CONSEQUENCES OF CRYPTOCURRENCY RECESSION FOR THE WORLD'S ECONOMY
title_full REASONS AND CONSEQUENCES OF CRYPTOCURRENCY RECESSION FOR THE WORLD'S ECONOMY
title_fullStr REASONS AND CONSEQUENCES OF CRYPTOCURRENCY RECESSION FOR THE WORLD'S ECONOMY
title_full_unstemmed REASONS AND CONSEQUENCES OF CRYPTOCURRENCY RECESSION FOR THE WORLD'S ECONOMY
title_short REASONS AND CONSEQUENCES OF CRYPTOCURRENCY RECESSION FOR THE WORLD'S ECONOMY
title_sort reasons and consequences of cryptocurrency recession for the world s economy
topic economy
crypto
cryptocurrencies
BTC
ETH
DJIA
url https://www.economyandsociety.in.ua/index.php/journal/article/view/1953
work_keys_str_mv AT dmitromackevič reasonsandconsequencesofcryptocurrencyrecessionfortheworldseconomy
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