Bitcoin in particular and so-called cryptocurrencies in general have shaken up the financial world and seem to be … indicate that, as of late, bitcoin has become increasingly interdependent with gold, and seems just as suitable to hedge … also with significant risks. This paper analyzes the connection between one such crypto, bitcoin, and other traditional …

our problem allowing us to ask how old forms of money such as Gold and Silver hold up in today's world regarding their …. We analyse price dynamics from 1980 to 2020 for gold and silver resorting to annual data. Regarding bitcoin we employ … hedging properties. Moreover, we also do so for Bitcoin since we consider it an appropriate asset due to its specific …

nascent but increasingly proliferating literature concerning the nexus between Bitcoin and gold is provided. The majority of … evidence reveals that Bitcoin has a long way to go before it acquires the same characteristics as the safe-haven asset of gold …. Overall, Bitcoin is found to be an efficient hedge against oil and stock market indices, but to a lesser extent than gold …

and during the COVID-19 pandemic. The OLS and Quantile regression estimations revealed that gold and Bitcoin exhibit …This study examines the responses of Bitcoin and gold to categorical financial stress and compares the responses before … similar reactions in full and pre COVID-19 samples. Gold and Bitcoin respond positively to equity valuation and safe assets …

investigation of gold. The results show that bitcoin can clearly be used as a hedge against stocks in the Financial Times Stock …This paper sets out to explore the hedging capabilities of bitcoin by applying the asymmetric GARCH methodology used in … Exchange Index. Additionally bitcoin can be used as a hedge against the American dollar in the short-term. Bitcoin thereby …

While the many commonalities shared by Bitcoin and gold raise a question of whether Bitcoin is a safe-haven like gold …. Unlike gold, Bitcoin prices are vulnerable to financial risk or uncertainty shocks, which is inconsistent with safe …, relevant empirical evidence to date is mixed. Unlike existing empirical studies, we derive a simple estimable model of Bitcoin …

Is bitcoin the new digital gold? To answer this question, we investigate the potential benefits of bitcoin during …-recognized status as a safe haven when a crisis occurs. Finally, we find a low extreme correlation between bitcoin and gold, which … portfolio management perspective, we show that the introduction of bitcoin (along with gold) substantially improves the …