Effect of Cryptocurrency Trade on Select Real Currency and Commodity Trading

Journal of applied sciences research

article

Aarushi Dalmia¹ 

[1] University School of Management Studies, Guru Gobind Singh Indraprastha University

关键词: Cryptocurrency;    Real Currency;    Bitcoin;    Gold;    Silver;   

DOI  :  10.22587/jasr.2019.15.2.3

学科分类：社会科学、人文和艺术（综合）

来源: AENSI

【 摘 要 】

The present research was aimed to map the impact of cryptocurrency trade on real currencies and commodities like gold and silver. For this, data of prices of ten of the most traded cryptocurrencies of last one year is considered. The impact of these cryptocurrencies was analysed on those countries’ currencies in which they were mostly traded. To broaden the spectrum, the impact of these cryptocurrencies was also analysed on commodities like gold and silver. The results of the study indicate that there is a significant positive impact of crypto currencies on real currencies. Also, the cryptocurrency has a strong impact on commodities like gold and silver.

【 授权许可】

Unknown