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This study investigates speculative bubbles in the cryptocurrency market and factors affecting bubbles during the COVID-19 pandemic. Our results indicate that each cryptocurrency covered in the study presented bubbles. Moreover, we found that explosive behavior in one currency leads to...
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This paper analyses the herding behaviour among exchanges around the expiration of bitcoin futures traded on the … conditional herding, we obtain results that indicate that the herding effect is significant during the week before expiration …. After expiration, the herding effect lasts for a few hours and disappears. Information overload originating, among other …
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-movements suggest shifts in herding behavior due to the pandemic. Notably, cryptocurrency markets have demonstrated faster recovery …
Persistent link: https://www.econbiz.de/10014432024
We estimate the effects of peer benchmarking by institutional investors on asset prices. To identify trades purely due to peer benchmarking as separate from those based on fundamentals or private information, we exploit a natural experiment involving a change in a government-imposed...
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