The letter examines herding in the most liquid cryptocurrency markets relative to traditional financial markets of 10 emerging economies within the G20. Our results reference significant symmetric crowd and imitation trading, which are dependent on time. Additionally, we report asymmetric herd...

Bitcoin has been reported by empirical studies as mostly isolated or uncorrelated with conventional financial assets, thereby expounding its safe haven potentials in both normal and crisis periods. However, instead of the assumptions, the COVID-19 outbreak presents a maiden real global market...