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...

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Bibliographic Details
Main Authors: Ahmet Faruk Aysan, Erhan Muğaloğlu, Ali Yavuz Polat, Hasan Tekin
Format: Article
Language:English
Published: SpringerOpen 2023-12-01
Series:Financial Innovation
Subjects:
Online Access:https://doi.org/10.1186/s40854-023-00536-9