ArticleHeliyon2021
A short-and long-term analysis of the nexus between Bitcoin, social media and Covid-19 outbreak.
Article in Heliyon, 2021. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 9 papers.
What it found
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Who cites it
9 citing papers in PubMed.
- Price prediction of PFP NFT based on the sentiments of users in posts on social media.Scientific reports · 2025Article
- Article
- The differential influence of social media sentiment on cryptocurrency returns and volatility during COVID-19.The Quarterly review of economics and finance : journal of the Midwest Economics Association · 2023Article
- Understanding public discourse surrounding the impact of bitcoin on the environment in social media.GeoJournal · 2023Article
- An extended approach to appraise electricity distribution and carbon footprint of bitcoin in a smart city.Frontiers in big data · 2023Article
- Exploring the asymmetric effect of COVID-19 pandemic news on the cryptocurrency market: evidence from nonlinear autoregressive distributed lag approach and frequency domain causality.Financial innovation · 2023Article
- Bitcoin volatility in bullPeerJ. Computer science · 2023Article
- Article
- Cryptocurrency price discrepancies under uncertainty: Evidence from COVID-19 and lockdown nexus.Journal of international money and finance · 2022Article
Corrections and comments
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Authors and funding
4 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
In this paper, we attempt to analyze the dynamic interplay between Bitcoin, social media, and the Covid-19 health crisis. For this end, we apply the fractional autoregressive vector model, fractional error correction model and impulse response functions on daily data over the period 31/12/2019-30/10/2020. Our results clearly show the short- and long-term evidence of the nexus between the Bitcoin price, social media metrics (Tweets and Google Trends) and the intensity of the Covid-19 pandemic. As well, the Covid-19 pandemic does not impact on social media metrics in the short- and long-term. On the other hand, the Covid-19 pandemic positively affects social media metrics. Also, the Covid-19 pandemic encourages investing in digital currencies such as Bitcoin. So, the Covid-19 health crisis significantly influences social media networks and Bitcoin prices.
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Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.