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Analysing the US$/Bitcoin market from 2014-2018 finds significant differences in exchange prices during Bitcoin's meteoric price rise in December 2017, but surprisingly the range of prices each day is remarkedly similar across exchanges. The lack of a consistent Bitcoin trading price across...
Persistent link: https://www.econbiz.de/10012889210
Although Bitcoin's price behaviour appears to echo the fortunes of the S&P 500 index, large price declines in the post COVID-19 period are not uncharacteristic for Bitcoin. The intraday range of Bitcoin prices are not significantly different when comparing the pre and post COVID-19 periods. The...
Persistent link: https://www.econbiz.de/10012828389