The Effect of Stock Index and Gold Price Movements on Bitcoin Price Movements

被引:0
作者
Meiryani [1 ]
Tandyopranoto, Caineth Delvin [2 ]
Emanuel, Jason [2 ]
Warganegara, Dezie Leonarda [3 ]
Wahyuningtias, Dianka [4 ]
Widuri, Rindang [5 ]
机构
[1] Bina Nusantara Univ, Accounting Dept, Fac Econ & Commun, Jakarta, Indonesia
[2] Bina Nusantara Univ, Finance Program, Accounting Dept, Fac Econ & Commun, Jakarta 11480, Indonesia
[3] Bina Nusantara Univ, Doctoral Program, BINUS Business Sch, Jakarta, Indonesia
[4] Bina Nusantara Univ, Hotel Management Dept, Fac Econ & Commun, Jakarta 11480, Indonesia
[5] Bina Nusantara Univ, Accounting Dept, BINUS Grad Program, Jakarta 11480, Indonesia
来源
PROCEEDINGS OF THE 6TH INTERNATIONAL CONFERENCE ON E-COMMERCE, E-BUSINESS AND E-GOVERNMENT, ICEEG 2022 | 2022年
关键词
Bitcoin; Stock Index; Gold Prices; Price Movements; DOLLAR;
D O I
10.1145/3537693.3537756
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
This study aims to determine the effect of the S&P 500 Stock Index Price and Gold Price movements on Bitcoin Price movements. This research uses quantitative methods and data collection used is secondary data. Secondary data sources are obtained through the website finance.yahoo.com. The data processing technique will be carried out using SPSS 23 program and the method analysis in this study using descriptive and verification analysis consisting of Multiple Linear Regression method. The results of this study show that the stock index price has a positive effect on the movement of the Bitcoin price, while the gold price has a negative effect on the movement of the Bitcoin price.
引用
收藏
页码:389 / 396
页数:8
相关论文
共 38 条
  • [21] Bitcoin and gold price returns: A quantile regression and NARDL analysis
    Jareno, Francisco
    Gonzalez, Maria de la O.
    Tolentino, Marta
    Sierra, Karen
    [J]. RESOURCES POLICY, 2020, 67 (67)
  • [22] The correlation between the stock market and Bitcoin during COVID-19 and other uncertainty periods
    Khanh Quoc Nguyen
    [J]. FINANCE RESEARCH LETTERS, 2022, 46
  • [23] Cryptocurrency Investing Examined
    Liew, Jim Kyung-Soo
    Li, Richard Ziyuan
    Budavari, Tamas
    Sharma, Avinash
    [J]. JOURNAL OF THE BRITISH BLOCKCHAIN ASSOCIATION, 2019, 2 (02) : 51 - 62
  • [24] Mahardika L. A., 2021, PAMOR BITCOIN BIKIN
  • [25] Meiryani N., 2019, International Journal of Recent Technology and Engineering, V8, P5556
  • [26] Meiryani S.A., 2019, INT J SCI TECHNOL RE, V8, P141
  • [27] Pluang.com, 2021, AP IT S P 500
  • [28] Prasetio A., 2011, MANAGEMENT ANAL J, V1
  • [29] An overview of global gold market and gold price forecasting
    Shafiee, Shahriar
    Topal, Erkan
    [J]. RESOURCES POLICY, 2010, 35 (03) : 178 - 189
  • [30] Shanken Jay., 2006, J EMPIR FINANC, V13, P129, DOI [10.1016/j.jempfin.2005.09.001, DOI 10.1016/J.JEMPFIN.2005.09.001]