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...

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Bibliographic Details
Main Authors: Rubaiyat Ahsan Bhuiyan, Afzol Husain, Changyong Zhang
Format: Article
Language:English
Published: SpringerOpen 2023-06-01
Series:Financial Innovation
Subjects:
Online Access:https://doi.org/10.1186/s40854-023-00495-1