A0791
Title: The financial impact of war on cryptocurrencies
Authors: Jeffrey Chu - Renmin University of China (China) [presenting]
Abstract: Over the past decade, new and old cryptocurrencies have been exposed to a wide variety of significant global events, such as financial crises, rising inflation, booms and recessions, and, most recently, the coronavirus (COVID-19) pandemic. Up until 2022, cryptocurrencies had never witnessed a military conflict and simultaneously played a significant role. This all changed in February 2022 with the Russia-Ukraine conflict. The key question is: how has the conflict impacted cryptocurrency markets? The impact of war-related events on the cryptocurrency markets through an event-study approach and how the cryptocurrency markets have evolved throughout this period through a network graph approach are discussed.
