This study examines the responses of Bitcoin and gold to categorical financial stress and compares the responses before … and during the COVID-19 pandemic. The OLS and Quantile regression estimations revealed that gold and Bitcoin exhibit … 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 … possess some of the same hedging abilities as gold and can be included in the variety of tools available to market analysts to …

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 …

Is bitcoin the new digital gold? To answer this question, we investigate the potential benefits of bitcoin during …-after benefits of diversification during turbulent times. A similar result is obtained for gold, confirming its well …-recognized status as a safe haven when a crisis occurs. Finally, we find a low extreme correlation between bitcoin and gold, which …

This article investigates similarities and differences between gold and four cryptocurrencies (Bitcoin, Ethereum … premia exist in either gold and cryptocurrencies. Third, the response of cryptocurrencies to ex- change rate changes is more … pronounced than for gold at least if developing countries are included. Fourth, gold exhibits a safe haven status, while cryp …

Bitcoin is regularly referred to as new gold, digital gold or gold 2.0. If Bitcoin is indeed gold-like the correlation … of Bitcoin and gold returns should be positive. We estimate the correlation of the two assets across time, across … other forces at play that depress the true correlation. Such forces could be a substitution effect, investors sell gold and …