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Journal ArticleOPEN ACCESS

Announcement Effect of COVID-19 on Cryptocurrencies

  • Usman N
  • Nduka K
Asian Economics Letters (2022) 3(3)
DOI: 10.46557/001c.29953
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Abstract

This study uses a fractional integration method to evaluate the efficiency of cryptocurrencies before and after the period COVID-19 had been announced as being a pandemic. Evidence of long memory is confirmed across all subsamples. Additionally, we find a greater degree of persistence during the COVID-19 pandemic period than in the pre-pandemic period.

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APA

Usman, N., & Nduka, K. N. (2022). Announcement Effect of COVID-19 on Cryptocurrencies. Asian Economics Letters, 3(3). https://doi.org/10.46557/001c.29953

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