An Empirical Investigation of Daily Bitcoin Market Dynamics
In this study, we explore the daily market dynamics of Bitcoin utilizing an extensive dataset spanning from 2015 to 2021. Our research empirically investigates the behavior of Bitcoin price, trading volume, and volatility, and uncovers notable patterns and relationships among these variables. Employing robust statistical techniques, we identify significant correlations and causal effects, shedding light on the intricate forces driving Bitcoin’s intricate market fluctuations and offering valuable insights for both academics and practitioners seeking to better understand the dynamics of this rapidly evolving asset class.