Datestamping the Bitcoin and Ethereum bubbles

Corbet, Shaen and Lucey, Brian and Yarovaya, Larisa (2018) Datestamping the Bitcoin and Ethereum bubbles. Finance Research Letters, 26. pp. 81-88. ISSN 1544-6123

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Official URL: https://doi.org/10.1016/j.frl.2017.12.006

Abstract

We examine the existence and dates of pricing bubbles in Bitcoin and Ethereum, two popular cryptocurrencies using the (Phillips et al., 2011) methodology. In contrast to previous papers, we examine the fundamental drivers of the price. Having derived ratios that are economically and computationally sensible, we use these variables to detect and datestamp bubbles. Our conclusion is that there are periods of clear bubble behaviour, with Bitcoin now almost certainly in a bubble phase

Item Type: Journal Article
Keywords: cryptocurrencies, digital assets, Bitcoin, ethereum, bubbles
Faculty: Lord Ashcroft International Business School
Depositing User: Ian Walker
Date Deposited: 23 Jan 2018 15:59
Last Modified: 19 Dec 2018 02:02
URI: http://arro.anglia.ac.uk/id/eprint/702663

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