Impact of the global economic crisis on the cryptocurrency market
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Дата
2020
Науковий керівник
Укладач
Редактор
Назва журналу
ISSN
E-ISSN
Назва тому
Видавець
Анотація
The topic under study is relevant, as the cryptocurrency market in
recent years has been characterized by a high level of demand at the
level of the global economy. It should be noted that the most
common cryptocurrency Bitcoin was developed in 2009, and the
cryptocurrency market arose only in the early 2010 s. (after the
global financial and economic crisis of 2008-2009), which shows
that there is no historical retrospective of the impact of the global
economic crisis on the cryptocurrency market. At the same time,
since the first quarter of 2020, the world economy as a whole is in
recession (a reduction in the global volume of real GDP), which has
caused the global economic crisis. Research of the dynamics of the
exchange rate value of Bitcoin as the main cryptocurrency in 2020,
as well as the dependence of demand in the cryptocurrency market
from the stage of the economic cycle and other macroeconomic
factors is the purpose of these theses.
Опис
Ключові слова
global economic, crisis, cryptocurrency market
Бібліографічний опис
The modern trends in the development of business social responsibility: IV International scientific conference (Lisbon, Portugal, June 26th , 2020). - Riga, Latvia: “Publishing House “Baltija Publishing”, 2020.