Diversification evidence of bitcoin and gold from wavelet analysis
Abstract To measure the diversification capability of Bitcoin, this study employs wavelet analysis to investigate the coherence of Bitcoin price with the equity markets of both the emerging and developed economies, considering the COVID-19 pandemic and the recent Russia-Ukraine war. The results base...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
SpringerOpen
2023-06-01
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Series: | Financial Innovation |
Subjects: | |
Online Access: | https://doi.org/10.1186/s40854-023-00495-1 |