The Determinants of Cryptocurrency Returns

نویسندگان

چکیده

This study examines the determinants of cryptocurrency returns, namely Trading Volume, Price Volatility, and Market Capitalization. uses Bitcoin, Ethereum, Tether, USD Coin, BNB, which are Top 5 largest Cryptocurrency Capitalizations in 2022. The testing method used this is a panel data regression analysis. results prove that Volume Volatility have significant positive effect on Returns. In contrast, Capitalization does not substantially impact If investors want to earn high then it advisable choose cryptocurrencies with trading volume price volatility. But keep mind, volatility can also mean greater risk coin.
 Keywords: Cryptocurrency; Volume; Volatility; Capitalization; Return 
 Abstrak
 Penelitian ini bertujuan untuk menguji berbagai factor penentu imbal hasil yaitu Perdagangan, Volatilitas Harga dan Studi menggunakan BNB yang merupakan terbesar tahun Metode pengujian dilakukan dalam penelitian uji analisis regresi panel. Hasil dari membuktikan bahwa Perdagangan berpengaruh signifikan positif terhadap Cryptocurrency, sedangkan tidak memiliki pengaruh Cryptocurrency. Jika investor ingin mendapatkan return tinngi, maka disarankan memilih tinggi. Namun perlu diingat adalah, dengan tingginya berarti pula risiko koin crypto tersebut.
 Kata Kunci: Mata uang kripto; Perdagangan; Harga; Kapitalisasi pasar; Pengembalian

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ژورنال

عنوان ژورنال: Jurnal Ilmu Keuangan dan Perbankan: JIKA

سال: 2023

ISSN: ['2655-9234', '2089-2845']

DOI: https://doi.org/10.34010/jika.v12i2.9461