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Research Paper | Computer Science | United States of America | Volume 10 Issue 11, November 2021
Equicorrelation of Cryptocurrency Exchange
Md Haris Uddin Sharif
Abstract: Bitcoin is one of many crypto currencies used for peer - to - peer transactions accessible to anyone with internet access. It is a decentralized digital currency not backed by any government or other legal entity, making it an attractive alternative to the traditional fiat money system. There is no doubt that crypto currencies are the future of money. However, not all crypto projects will succeed in the long run and some might even turn out to be scams. It?s a jungle out there! How do you know which crypt currency project is going to survive? Our paper can help you identify which projects have a good chance of survival by analyzing their market capitalization trends over time using equicorrelation analysis. This paper examines whether or not Bitcoin returns are dependent on common factors, investigates whether or not Bitcoin returns are i. i. d., tests the efficiency of crypt currency markets, and provides an answer to the following question: are crypto currencies efficient? We'll be looking at crypto currencies and their impact on financial markets. We'll also discuss the challenges of using crypto currencies as a predictor for later price movements and look at equicorrelation and its effect on the crypt currency market. We'll also discuss some of the challenges of using equicorrelation as a predictor for future price movements. Finally, we'll explore some potential applications for equicorrelation within the business world.
Keywords: Bitcoin, Return equicorrelation, Market integration, Determinants, Cryptocurrency
Edition: Volume 10 Issue 11, November 2021,
Pages: 309 - 311
How to Cite this Article?
Md Haris Uddin Sharif, "Equicorrelation of Cryptocurrency Exchange", International Journal of Science and Research (IJSR), https://www.ijsr.net/get_abstract.php?paper_id=SR211102082310, Volume 10 Issue 11, November 2021, 309 - 311
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