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What drives the price development of cryptocurrencies? An empirical study of the cryptocurrency market.


Please use this identifier to cite or link to this item: http://hdl.handle.net/2077/56791

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Title: What drives the price development of cryptocurrencies? An empirical study of the cryptocurrency market.
Other Titles: What drives the price development of cryptocurrencies? An empirical study of the cryptocurrency market.
Authors: Asplund, Jenny
Ivarsson, Felicia
Issue Date: 27-Jun-2018
Degree: Student essay
Series/Report no.: 201806:271
Uppsats
Keywords: Cryptocurrency
Cryptocurrencies
Bitcoin
Ethereum
Ripple
Litecoin
Panel Data
Risk-adjusted Return
Abstract: The novelty, the rapid growth rate and the high volatility of cryptocurrencies have led to great uncertainty without any consensus on whether cryptocurrency is a medium of exchange or a speculative investment. This uncertainty raises the question of what actually drives the price development of cryptocurrencies. Furthermore, the great volatility questions if the risk-adjusted return of cryptocurrencies have been higher than the market return. In this paper, the first question is answered by anal... more
URI: http://hdl.handle.net/2077/56791
Appears in Collections:Kandidatuppsatser i finansiell ekonomi

 

 

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