A0698
Title: Network transitions in the cryptocurrency market: The impact of regional conflicts
Authors: Jeffrey Chu - Renmin University of China (China) [presenting]
Abstract: Over the past 15 years, 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. Before 2022, cryptocurrencies had never witnessed a military conflict and simultaneously played a significant role. This changed in February 2022 with the Russia-Ukraine conflict and, most recently, in October 2023 with the Israel-Hamas conflict. The aim is to study how the cryptocurrency markets have evolved throughout these conflict periods through a network graph approach. Some of the key questions investigated are: How have military conflicts impacted cryptocurrency markets? Do different classes of cryptocurrency assets react differently to conflicts? What factors are driving the cryptocurrency networks during these times?
