Return
Does Mining Activity Drive Crash Risks in Bitcoin?
DOI:10.1016/j.qref.2025.102082.png)
Abstract
En 中文
• Mining activity predicts increases in Bitcoin crash risk. • Effects are strongest at median to high crash-risk quantiles. • Crash risk captured via realized skewness and down-to-up volatility. • Nonlinear quantile tests show state-dependent predictability. • Mining dynamics contribute to Bitcoin pricing inefficiencies.
Keywords:
C22
C53
G10
Bitcoin
Crash risk
Mining activity
Predictive regression model
AI Summary
Key information extracted from the uploaded paper, including a brief overview, abstract, background, key highlights, visual analysis, and future outlook.
Journal
T
IF:
0
Papers:
51
Citations:
0

