Is bitcoin the new digital gold? To answer this question, we investigate the potential benefits of bitcoin during …-recognized status as a safe haven when a crisis occurs. Finally, we find a low extreme correlation between bitcoin and gold, which … portfolio management perspective, we show that the introduction of bitcoin (along with gold) substantially improves the …

investigation of gold. The results show that bitcoin can clearly be used as a hedge against stocks in the Financial Times Stock …This paper sets out to explore the hedging capabilities of bitcoin by applying the asymmetric GARCH methodology used in … Exchange Index. Additionally bitcoin can be used as a hedge against the American dollar in the short-term. Bitcoin thereby …

gold and the ASEAN+6 stock market. For most ASEAN+6 equity markets evaluated, Bitcoin and gold are not safe havens, and …This paper applies the multivariate GARCH models to investigate the role of Bitcoin as a hedge and safe haven for ASEAN …+6 stock markets compared to gold. We used daily data for the dates 2 January 2017–20 January 2023, covering the recent …

Bitcoin in particular and so-called cryptocurrencies in general have shaken up the financial world and seem to be … indicate that, as of late, bitcoin has become increasingly interdependent with gold, and seems just as suitable to hedge … also with significant risks. This paper analyzes the connection between one such crypto, bitcoin, and other traditional …

nascent but increasingly proliferating literature concerning the nexus between Bitcoin and gold is provided. The majority of … evidence reveals that Bitcoin has a long way to go before it acquires the same characteristics as the safe-haven asset of gold …. Overall, Bitcoin is found to be an efficient hedge against oil and stock market indices, but to a lesser extent than gold …

This study examines the responses of Bitcoin and gold to categorical financial stress and compares the responses before … and during the COVID-19 pandemic. The OLS and Quantile regression estimations revealed that gold and Bitcoin exhibit … similar reactions in full and pre COVID-19 samples. Gold and Bitcoin respond positively to equity valuation and safe assets …