Sahoo, Pradipta Kumar; Sethi, Dinabandhu; Acharya, Debashis - In: International Journal of Managerial Finance 15 (2019) 4, pp. 533-545
Purpose: The purpose of this paper is to examine the price–volume relationship in the bitcoin market to validate near-stock properties of bitcoin. Design/methodology/approach: Daily data of bitcoin returns, returns volatility and trading volume (TV) are utilized for the period August 17,...