4.7 Article

Enhanced safe-haven status of Bitcoin: Evidence from the Silicon Valley Bank collapse

Related references

Note: Only part of the references are listed.
Article Business, Finance

Repercussions of the Silicon Valley Bank collapse on global stock markets

Dharen Kumar Pandey et al.

Summary: We use an event study method to investigate the effects of the collapse of Silicon Valley Bank (SVB), a prominent tech industry bank, on global stock markets. The collapse resulted in panic and uncertainty, leading to significant negative returns worldwide. Developed markets experienced a stronger impact due to their higher integration and interdependence with the global economy, with significantly high abnormal volatility observed. Additionally, the impact of the SVB collapse varied across countries, with different outcomes observed in countries with robust banking systems and stability.

FINANCE RESEARCH LETTERS (2023)

Article Business, Finance

COVID-19 pandemic and economic policy uncertainty: The first test on the hedging and safe haven properties of cryptocurrencies

Khaled Mokni et al.

Summary: The study found that both gold and cryptocurrencies do not serve as strong hedges or safe havens against economic policy uncertainty before and during the COVID-19 pandemic. However, cryptocurrencies demonstrate weak safe haven characteristics during the crisis, while gold is classified as a weak safe haven asset throughout the period.

RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE (2022)

Article Business, Finance

Estimating the reaction of Bitcoin prices to the uncertainty of fiat currency

Xuejun Jin et al.

Summary: This paper investigates the reaction of Bitcoin prices to uncertainty concerning fiat currencies using a CEEMDAN-based event analysis approach, finding that events increase the low-frequency component of Bitcoin prices and significantly amplify short-term fluctuations, while the long-term trend remains unchanged.

RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE (2021)

Article Economics

Hedge and safe haven properties during COVID-19: Evidence from Bitcoin and gold

Rahma Chemkha et al.

Summary: The study indicates limited utility of gold as a safe haven asset during the COVID-19 pandemic, while Bitcoin's risk-aversion ability is also insufficient. Investors need to reassess their risk preferences and asset allocations when facing the global economic slowdown.

QUARTERLY REVIEW OF ECONOMICS AND FINANCE (2021)

Article Business, Finance

Co-movement of COVID-19 and Bitcoin: Evidence from wavelet coherence analysis

John W. Goodell et al.

Summary: Using wavelet methods, the study found a correlation between COVID-19 levels and Bitcoin prices, particularly post April 5. The results contribute to understanding the financial impacts of COVID-19 and evaluating Bitcoin as a safe haven investment.

FINANCE RESEARCH LETTERS (2021)

Article Business, Finance

Are cryptocurrencies a safe haven for equity markets? An international perspective from the COVID-19 pandemic

Thomas Conlon et al.

RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE (2020)

Article Business, Finance

The contagion effects of the COVID-19 pandemic: Evidence from gold and cryptocurrencies

Shaen Corbet et al.

FINANCE RESEARCH LETTERS (2020)

Article Business, Finance

Effects of the geopolitical risks on Bitcoin returns and volatility

Ahmet Faruk Aysan et al.

RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE (2019)

Article Business, Finance

Is Bitcoin a hedge or safe haven for currencies? An intraday analysis

Andrew Urquhart et al.

INTERNATIONAL REVIEW OF FINANCIAL ANALYSIS (2019)

Article Business, Finance

Does gold or Bitcoin hedge economic policy uncertainty?

Shan Wu et al.

FINANCE RESEARCH LETTERS (2019)

Article Business, Finance

Does economic policy uncertainty predict the Bitcoin returns? An empirical investigation

Ender Demir et al.

FINANCE RESEARCH LETTERS (2018)

Article Economics

Bitcoin and global financial stress: A copula-based approach to dependence and causality in the quantiles

Elie Bouri et al.

QUARTERLY REVIEW OF ECONOMICS AND FINANCE (2018)

Article Economics

Network causality structures among Bitcoin and other financial assets: A directed acyclic graph approach

Qiang Ji et al.

QUARTERLY REVIEW OF ECONOMICS AND FINANCE (2018)

Article Business, Finance

Bitcoin, gold and the dollar - A GARCH volatility analysis

Anne Haubo Dyhrberg

FINANCE RESEARCH LETTERS (2016)

Article Business, Finance

Hedging capabilities of bitcoin. Is it the virtual gold?

Anne Haubo Dyhrberg

FINANCE RESEARCH LETTERS (2016)

Article Business, Finance

Is Gold a Hedge or a Safe Haven? An Analysis of Stocks, Bonds and Gold

Dirk G. Baur et al.

FINANCIAL REVIEW (2010)