Article citationsMore>>

Caporale, G. M., Gil-Alana, L., & Plastun, A. (2018). Persistence in the Cryptocurrency Market. Research in International Business and Finance, 46, 141-148.
https://doi.org/10.1016/j.ribaf.2018.01.002

has been cited by the following article:

• TITLE: Bitcoin and Stock Returns: An Empirical Study

  AUTHORS: Chikashi Tsuji

  KEYWORDS: Bitcoin, Cryptocurrency, Return, US Equity, Volatility

  JOURNAL NAME: iBusiness, Vol.15 No.2, June 12, 2023

  ABSTRACT: This paper investigates the profitability of Bitcoin and US equity. More concretely, we inspect the performances of the S&P 500 index and Bitcoin by comparing their returns and volatilities. As a result, we obtain the following significant findings. First, our regression analysis clarifies that for the period after the sudden appearance of COVID-19, there was a weak nexus between the S&P 500 index and Bitcoin returns. In addition, our return and return spread analysis evidences that for this period, on average, Bitcoin returns were much higher than the S&P 500 index returns. Moreover, our volatility and volatility spread analysis reveals that for this period, on average, the volatilities of Bitcoin returns were much higher than those of the S&P 500 index returns.