الأثر غير مباشر لكوفيد 19 على العملات الرقمية -دراسة قياسية لسلسة أسعار العملات خلال الفترة (2020-2022)

Abstract

The current thesis aimed to examine the spillover effect of the Covid-19 pandemic on the cryptocurrencies returns. In order to achieve our empirical study, we used four cryptocurrencies which are Bitcoin, Litecoin, Ethereum and Dogecoin as a sample; and the T-GARCH model during the period of 01/01/2020 to 15/05/2022. The main finding concluded that the bad news has a large effect on the cryptocurrencies returns.