Sirwin
Sirwin

The Effect of News About Bitcoin and Cryptocurrencies on Bitcoin Prices


Bitcoin stands out as the crypto currency with the highest daily transaction volume among crypto currencies. In this study, the change caused by the positive and negative news about both bitcoin and cryptocurrencies on the global level, bitcoin end-of-day closing prices, intraday bitcoin highest price level and daily bitcoin transaction volumes were examined. In the study, news about bitcoin and cryptocurrencies published on yahoofinance.com and Bloomberg.com web pages between May 2018 and December 2018 were evaluated. The findings obtained from the study reveal that positive and negative news about cryptocurrencies and bitcoin do not cause a differentiation on bitcoin prices and transaction volumes.

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Bitcoin news updated information
Bitcoin news updated information

Bitcoin news updated information

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