The effect of gold, dollar and Composite Stock Price Index on cryptocurrency

نویسندگان

چکیده

This paper aims to analyze cryptocurrency volatility by examining the effect of Gold, Dollar Index, and Composite Stock Price Index (IHSG) as independent variables on Bitcoin Ethereum dependent variables. The objects in this study are Ethereum, which have largest market capitalization. data used period January 1, 2018, December 31, 2021. GARCH analysis. study's results indicate that Bitcoin's is influenced price itself, gold, stock exchange index, index influence Ethereum. shows inefficient prices also affected past prices.

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ژورنال

عنوان ژورنال: International Journal of Research In Business and Social Science

سال: 2023

ISSN: ['2147-4478']

DOI: https://doi.org/10.20525/ijrbs.v12i3.2561