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- W2970537601 abstract "Considering the time-series data of Bitcoin for the last 7 years, we test for the existence ofseasonal effect of Chinese New Year corresponding to Bitcoin`s price, return, volume and volatility.By using OLS and ARDL models we did not observe any seasonal effect except small negativemovement of price (return) in the period of 30 days after the CNY period. Besides, the results showthat our variables of interest exhibit high persistence, meaning that it is the persistence of BTC thatdetermines its price, return, volume and volatility rather than some seasonal effects." @default.
- W2970537601 created "2019-09-05" @default.
- W2970537601 creator A5004613587 @default.
- W2970537601 date "2019-07-09" @default.
- W2970537601 modified "2023-09-27" @default.
- W2970537601 title "The seasonal effect of Chinese New Year in cryptocurrency market" @default.
- W2970537601 hasPublicationYear "2019" @default.
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