Zhang, Pengcheng; Xu, Kunpeng; Huang, Jian; Qi, Jiayin - In: Financial innovation : FIN 10 (2024), pp. 1-36
This study employs a fxed-efects model to investigate the holiday efect in the cryptocurrency market, using trading data for the top 100 cryptocurrencies by market capitalization on Coinmarketcap.com from January 1, 2017 to July 1, 2022. The results indicate that returns on cryptocurrencies...