Cryptocurrency Shocks

  title={Cryptocurrency Shocks},
  author={Jinan Liu and Sajjadur Rahman and Apostolos Serletis},
  journal={PSN: Exchange Rates \& Currency (International) (Topic)},
In this paper, we use a bivariate structural VAR to investigate risk spillovers from the cryptocurrency market to standard financial markets. We investigate the effects of cryptocurrency shocks on key financial markets, including the stock, bond, gold, and foreign exchange markets. The results show that cryptocurrency shocks do not have statistically significant effects on standard financial markets except for the bond market. This is consistent with most of the existing literature that argues… 


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