Abstract
Using daily data from 19 July 2010 to 11 July 2018, we find that the Bitcoin market can be regarded as a hedge on the one hand for the American dollar currency fluctuations and on the other hand for some stock index changes. Our overall results suggest that Bitcoin is the digital gold. Hence, it can be a useful tool for portfolio management and our results can help investors to make more informed decisions
Using daily data from 19 July 2010 to 11 July 2018, we find that the Bitcoin market can be regarded as a hedge on the one hand for the American dollar currency fluctuations and on the other hand for some stock index changes. Our overall results suggest that Bitcoin is the digital gold. Hence, it can be a useful tool for portfolio management and our results can help investors to make more informed decisions
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Hazgui Samah. 2020. “. Global Journal of Management and Business Research – B: Economic & Commerce GJMBR-B Volume 20 (GJMBR Volume 20 Issue B9): .
Crossref Journal DOI 10.17406/GJMBR
Print ISSN 0975-5853
e-ISSN 2249-4588
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