IRMA-International.org: Creator of Knowledge
Information Resources Management Association
Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

The Impact of US Monetary Growth on Bitcoin Trading Volume in the Current Economic Uncertainty

The Impact of US Monetary Growth on Bitcoin Trading Volume in the Current Economic Uncertainty
View Sample PDF
Author(s): İsmail Canöz (İstanbul Arel University, Turkey)
Copyright: 2020
Pages: 17
Source title: Handbook of Research on Decision-Making Techniques in Financial Marketing
Source Author(s)/Editor(s): Hasan Dinçer (Istanbul Medipol University, Turkey)and Serhat Yüksel (İstanbul Medipol University, Turkey)
DOI: 10.4018/978-1-7998-2559-3.ch023

Purchase

View The Impact of US Monetary Growth on Bitcoin Trading Volume in the Current Economic Uncertainty on the publisher's website for pricing and purchasing information.

Abstract

This study examines the effect of US monetary growth on Bitcoin trading volume. To achieve this purpose, firstly, the symmetric causality test is used. Following this test, another symmetric causality test is used to reveal a time-varying causal effect between variables. The data set covers the period from July 2010 to July 2019. The results of the first symmetric causality test, which considers the time interval of the study data as a whole, show that there is no causal relationship between variables. According to the results of the second causality test, these support the previous results substantially. However, an interesting detail is the causal relationship between variables for the period between April 2019 and July 2019. The reason for this relationship could be that investors who are indecisive during the current economic uncertainty add Bitcoin to their portfolios in response to the Federal Reserve's decisions.

Related Content

Maria Elisabete Ferreira-Fernandes, Eva Maria de la Torre García, Maria de Lourdes Machado-Taylor. © 2026. 42 pages.
Jyoti Rani, Ramratan Guru, Sakthivel Santhanam, Madhuri Singh, Bhaskar Mitra. © 2026. 32 pages.
Jyoti Rani, Ramratan Guru, Sakthivel Santhanam, Madhuri Singh. © 2026. 36 pages.
Shalin Hai-Jew. © 2026. 18 pages.
Shalin Hai-Jew. © 2026. 14 pages.
Mustafa Kayyali. © 2026. 34 pages.
Ujjwal Tyagi, Amit Kumar. © 2026. 30 pages.
Body Bottom