Whether and when did bitcoin sentiment matter for investors? Before and during the COVID-19 pandemic
Abstract Using a wavelet coherence approach, this study investigates the relationship between Bitcoin return and Bitcoin-specific sentiment from January 1, 2016 to June 30, 2021, covering the COVID-19 pandemic period. The results reveal that before the pandemic, sentiment positively drove prices, es...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
SpringerOpen
2023-12-01
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Series: | Financial Innovation |
Subjects: | |
Online Access: | https://doi.org/10.1186/s40854-023-00536-9 |