Flight to Bitcoin (in)attention and herding in cryptocurrencies

被引：0

作者：

Li, Xiao ^{[1
]}

机构：

[1] Nankai Univ, Sch Finance, 38 Tongyan Rd, Tianjin 300350, Peoples R China

来源：

INTERNATIONAL REVIEW OF ECONOMICS & FINANCE | 2025年 / 99卷

基金：

中国国家自然科学基金;

关键词：

Investor attention; Herding; Twitter; Google trends; Altcoin;

D O I：

10.1016/j.iref.2025.104014

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper first documents a novel herding for Altcoin, i.e., herding towards Bitcoin. Besides, constructing the proxies for flight to Bitcoin (in)attention with Google Trends and Twitter, the results reveal that flight to Bitcoin inattention strengthens the herding and flight to Bitcoin attention attenuates the herding. Subperiod analysis further reveals that the finding is more pronounced during the period before the introduction of Bitcoin futures, and the period before the outbreak of COVID-19.

引用

页数：7

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