Template-Type: ReDIF-Article 1.0 
Author-Name: Isaac Appiah-Otoo
Author-Email:  appiahotooi@yahoo.com
Author-Workplace-Name:  1 Business Administration, College of Management Science, Chengdu University of Technology, China
Title: The Impact of the Russia-Ukraine War on the Cryptocurrency Market
Abstract:  This research provides the very first empirical investigation of the impact of the Russia-Ukraine war on the cryptocurrency market (Bitcoin trading volume, and returns). The findings indicate that the Russia-Ukraine war impedes Bitcoin trading volume. A 1% increase in the Russia-Ukraine war leads to a 0.2% reduction in Bitcoin trading volume. The findings also indicate that the impact is more pronounced during the post-invasion period, especially after one week of the invasion. Finally, the Russia-Ukraine war predicts Bitcoin returns in both the short and long run.
Classification-JEL:  C01 ,G12 ,H56
Keywords:  Cryptocurrency, Bitcoin, Russia-Ukraine war
Journal:  Asian Economics Letters
Pages: 1-5
Volume: 4
Issue: 1
Year:  2023
DOI:  2023/03/09
File-URL:  https://a-e-l.scholasticahq.com/api/v1/articles/53110-the-impact-of-the-russia-ukraine-war-on-the-cryptocurrency-market.pdf
File-Format:  Application/pdf
Handle:  RePEc:ayb:jrnael:84