Herding behavior in the cryptocurrency market: the case of the Russia-Ukraine conflict

被引：3
|
作者：
Le, Hanh-Hong [1 ]
Nguyen, Binh Thanh [1 ]
Thien, Nguyen Nhan [1 ]
机构：
[1] RMIT Univ Vietnam, Business Sch, Vietnam Campus, 702 Nguyen Van Linh, District 7, Ho Chi Minh City, Vietnam
来源：
JOURNAL OF INDUSTRIAL AND BUSINESS ECONOMICS | 2024年 / 51卷 / 01期
关键词：
Herding; Cryptocurrency; Geopolitical conflict; G41;
D O I：
10.1007/s40812-023-00279-9
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This study investigates the herding behavior in the cryptocurrency market during the period of the Russia and Ukraine conflict using intraday cryptocurrency price data of the five largest cryptocurrencies in terms of market capitalization. The empirical results indicate an anti-herding behavior during the whole period of the conflict, especially after the conflict officially happens. The research contributes to the growing literature on herding behavior in the cryptocurrency market by using intraday data and examining the Russia-Ukraine conflict period.
引用
收藏
页码：99 / 110
页数：12
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