EconPapers    
Economics at your fingertips  
 

Media attention and Bitcoin prices

Dionisis Philippas, Hatem Rjiba, Khaled Guesmi and Stéphane Goutte ()

Finance Research Letters, 2019, vol. 30, issue C, 37-43

Abstract: We present a dual process diffusion model to examine whether Bitcoin prices behave with jumps attributed to informative signals derived from Twitter and Google Trends. The empirical results indicate that Bitcoin prices are partially driven by a momentum on media attention in social networks, justifying a sentimental appetite for information demand.

Keywords: Bitcoin; Twitter; Google trends; Jump diffusion (search for similar items in EconPapers)
JEL-codes: G11 G15 C15 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1544612319300558
Full text for ScienceDirect subscribers only

Related works:
Working Paper: Media attention and Bitcoin prices (2019)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:30:y:2019:i:c:p:37-43

DOI: 10.1016/j.frl.2019.03.031

Access Statistics for this article

Finance Research Letters is currently edited by R. Gençay

More articles in Finance Research Letters from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2020-02-19
Handle: RePEc:eee:finlet:v:30:y:2019:i:c:p:37-43