Virtual currency represents a specific technological innovation on financial markets. Bitcoin and other …, and Bitcoin. In addition, virtual currencies are moderately Correlated, with the exception of Tether based on correlation …

Crypto-currencies have developed a vibrant market since bitcoin, the rst crypto-currency, was created in 2009. We look … assets, studying their returns and the co-movements of altcoin prices with bitcoin and against each other. We evaluate their …

. Cryptocurrency, such as Bitcoin, has become a new currency tool for speculators and investors, and it is expected to be used in … future exchanges. Therefore, this paper uses a Value at Risk (VaR) model to measure the risk of investment in Bitcoin. In …

This paper investigates whether Bitcoin acts as a diversifier, hedge or safe haven tool for investors in major … results show that Bitcoin acts as a hedge for investors in most of the developing countries such as Brazil, Russia, India and … South Korea, but only as a diversifier for investors in developed countries and for commodities. Moreover, Bitcoin acts as a …

market in the presence and absence of the COVID-19 pandemic. The nine chosen cryptocurrencies are Bitcoin, Ethereum, Ripple …). There is strong evidence of a long-run relationship between Bitcoin and altcoins irrespective of whether it is pre … consider Bitcoin and altcoins jointly as they give sustainability and resilience in the long run against the geopolitical risks …

market, CBOE Bitcoin futures, and crude oil to hedge against unexpected movements in the cryptocurrency market. …