{"id":"https://openalex.org/W3196149776","doi":"https://doi.org/10.1177/21582440211040411","title":"Revisiting Bitcoin Price Behavior Under Global Economic Uncertainty","display_name":"Revisiting Bitcoin Price Behavior Under Global Economic Uncertainty","publication_year":2021,"publication_date":"2021-07-01","ids":{"openalex":"https://openalex.org/W3196149776","doi":"https://doi.org/10.1177/21582440211040411","mag":"3196149776"},"language":"en","primary_location":{"id":"doi:10.1177/21582440211040411","doi":"https://doi.org/10.1177/21582440211040411","is_oa":true,"landing_page_url":"https://doi.org/10.1177/21582440211040411","pdf_url":"https://journals.sagepub.com/doi/pdf/10.1177/21582440211040411","source":{"id":"https://openalex.org/S148277943","display_name":"SAGE Open","issn_l":"2158-2440","issn":["2158-2440"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["anvur-scientific","cwts-core","doaj","erih-plus","jufo-1","ki-jl-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Sage Open","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref","doaj"],"open_access":{"is_oa":true,"oa_status":"gold","oa_url":"https://journals.sagepub.com/doi/pdf/10.1177/21582440211040411","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5012164024","display_name":"Khalid Bilal Khan","orcid":"https://orcid.org/0000-0002-2574-9232","observed_orcids":["https://orcid.org/0000-0002-2574-9232","https://orcid.org/0009-0005-8222-7122"]},"institutions":[{"id":"https://openalex.org/I152269853","display_name":"Qilu University of Technology","ror":"https://ror.org/04hyzq608","country_code":"CN","type":"education","lineage":["https://openalex.org/I152269853"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Khalid Khan","raw_affiliation_strings":["Qilu University of Technology, Jinan, China"],"raw_orcid":"https://orcid.org/0000-0002-2574-9232","affiliations":[{"raw_affiliation_string":"Qilu University of Technology, Jinan, China","institution_ids":["https://openalex.org/I152269853"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5089897238","display_name":"Jiluo Sun","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I190082696","display_name":"Durham University","ror":"https://ror.org/01v29qb04","country_code":"GB","type":"education","lineage":["https://openalex.org/I190082696"]}],"countries":["GB"],"is_corresponding":false,"raw_author_name":"Jiluo Sun","raw_affiliation_strings":["Durham University Business, School,Durham, UK"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Durham University Business, School,Durham, UK","institution_ids":["https://openalex.org/I190082696"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5037988687","display_name":"Sinem Derindere K\u00f6seo\u011flu","orcid":"https://orcid.org/0000-0001-9478-0666","observed_orcids":["https://orcid.org/0000-0001-9478-0666"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Sinem Derindere Koseoglu","raw_affiliation_strings":["Etap Kipta\u015f Saadetdere Evleri, Turgut \u00d6zal Mah., Tongu\u00e7baba Cad., A5 Blok, Kat. 4, D.20, 34513 Esenyurt, Istanbul, Turkey"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Etap Kipta\u015f Saadetdere Evleri, Turgut \u00d6zal Mah., Tongu\u00e7baba Cad., A5 Blok, Kat. 4, D.20, 34513 Esenyurt, Istanbul, Turkey","institution_ids":[]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5101937175","display_name":"Ashfaq U. Rehman","orcid":"https://orcid.org/0000-0003-4789-4104","observed_orcids":["https://orcid.org/0000-0003-4789-4104"]},"institutions":[{"id":"https://openalex.org/I4387153791","display_name":"Women University Swabi","ror":"https://ror.org/00f98bm36","country_code":"PK","type":"education","lineage":["https://openalex.org/I4387153791"]}],"countries":["PK"],"is_corresponding":false,"raw_author_name":"Ashfaq U. Rehman","raw_affiliation_strings":["Women University Swabi, Pakistan"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Women University Swabi, Pakistan","institution_ids":["https://openalex.org/I4387153791"]}]}],"institutions":[],"countries_distinct_count":3,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5012164024"],"corresponding_institution_ids":["https://openalex.org/I152269853"],"apc_list":{"value":1200,"currency":"USD","value_usd":1200},"apc_paid":{"value":1200,"currency":"USD","value_usd":1200},"fwci":3.5663,"has_fulltext":false,"cited_by_count":23,"citation_normalized_percentile":{"value":0.93221149,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":87,"max":99},"biblio":{"volume":"11","issue":"3","first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9984999895095825,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10282","display_name":"Financial Risk and Volatility Modeling","score":0.00039999998989515007,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T11711","display_name":"COVID-19 Pandemic Impacts","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/bitcoin-price","display_name":"Bitcoin price","score":0.7070000171661377},{"id":"https://openalex.org/keywords/global-economic-policy-uncertainty","display_name":"global economic policy uncertainty","score":0.8569999933242798},{"id":"https://openalex.org/keywords/cryptocurrency-market","display_name":"cryptocurrency market","score":0.550000011920929},{"id":"https://openalex.org/keywords/causality","display_name":"causality","score":0.6240000128746033},{"id":"https://openalex.org/keywords/structural-breaks","display_name":"structural breaks","score":0.7760000228881836},{"id":"https://openalex.org/keywords/rolling-window-analysis","display_name":"sliding window analysis","score":0.7639999985694885},{"id":"https://openalex.org/keywords/blockchain","display_name":"blockchain","score":0.6830000281333923},{"id":"https://openalex.org/keywords/portfolio-diversification","display_name":"portfolio diversification","score":0.7850000262260437},{"id":"https://openalex.org/keywords/hedging","display_name":"hedging","score":0.6779999732971191},{"id":"https://openalex.org/keywords/cryptocurrency-regulation","display_name":"cryptocurrency regulation","score":0.8920000195503235},{"id":"https://openalex.org/keywords/investor-confidence","display_name":"investor confidence","score":0.9879999756813049}],"concepts":[{"id":"https://openalex.org/C180916674","wikidata":"https://www.wikidata.org/wiki/Q3711935","display_name":"Diversification (marketing strategy)","level":2,"score":0.6844756007194519},{"id":"https://openalex.org/C2780821815","wikidata":"https://www.wikidata.org/wiki/Q5340806","display_name":"Portfolio","level":2,"score":0.6759599447250366},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6507472991943359},{"id":"https://openalex.org/C64357122","wikidata":"https://www.wikidata.org/wiki/Q1149766","display_name":"Causality (physics)","level":2,"score":0.5511875748634338},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.5291445851325989},{"id":"https://openalex.org/C129824826","wikidata":"https://www.wikidata.org/wiki/Q2630107","display_name":"Granger causality","level":2,"score":0.4477809965610504},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.41413506865501404},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3521178066730499},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.24079567193984985},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.10119065642356873},{"id":"https://openalex.org/C121332964","wikidata":"https://www.wikidata.org/wiki/Q413","display_name":"Physics","level":0,"score":0.0},{"id":"https://openalex.org/C62520636","wikidata":"https://www.wikidata.org/wiki/Q944","display_name":"Quantum mechanics","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C43617362","wikidata":"https://www.wikidata.org/wiki/Q170050","display_name":"Chromatography","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.1177/21582440211040411","doi":"https://doi.org/10.1177/21582440211040411","is_oa":true,"landing_page_url":"https://doi.org/10.1177/21582440211040411","pdf_url":"https://journals.sagepub.com/doi/pdf/10.1177/21582440211040411","source":{"id":"https://openalex.org/S148277943","display_name":"SAGE Open","issn_l":"2158-2440","issn":["2158-2440"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["anvur-scientific","cwts-core","doaj","erih-plus","jufo-1","ki-jl-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Sage Open","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:sae:sagope:v:11:y:2021:i:3:p:21582440211040411","doi":null,"is_oa":false,"landing_page_url":"https://journals.sagepub.com/doi/10.1177/21582440211040411","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:doaj.org/article:6d4c8de67fe0454eb1b4eb665bf3012d","doi":null,"is_oa":true,"landing_page_url":"https://doaj.org/article/6d4c8de67fe0454eb1b4eb665bf3012d","pdf_url":null,"source":{"id":"https://openalex.org/S4306401280","display_name":"DOAJ (DOAJ: Directory of Open Access Journals)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":"cc-by-sa","license_id":"https://openalex.org/licenses/cc-by-sa","version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SAGE Open, Vol 11 (2021)","raw_type":"article"}],"best_oa_location":{"id":"doi:10.1177/21582440211040411","doi":"https://doi.org/10.1177/21582440211040411","is_oa":true,"landing_page_url":"https://doi.org/10.1177/21582440211040411","pdf_url":"https://journals.sagepub.com/doi/pdf/10.1177/21582440211040411","source":{"id":"https://openalex.org/S148277943","display_name":"SAGE Open","issn_l":"2158-2440","issn":["2158-2440"],"is_oa":true,"is_in_doaj":true,"is_core":true,"listed_in":["anvur-scientific","cwts-core","doaj","erih-plus","jufo-1","ki-jl-1","norway-1","poland-70","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320017","host_organization_name":"SAGE Publishing","host_organization_lineage":["https://openalex.org/P4310320017"],"host_organization_lineage_names":["SAGE Publishing"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Sage Open","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":false},"content_urls":{"pdf":"https://content.openalex.org/works/W3196149776.pdf"},"referenced_works_count":56,"referenced_works":["https://openalex.org/W1588163064","https://openalex.org/W1873418769","https://openalex.org/W2010872600","https://openalex.org/W2053333206","https://openalex.org/W2065747393","https://openalex.org/W2076578229","https://openalex.org/W2078213728","https://openalex.org/W2078565364","https://openalex.org/W2089728687","https://openalex.org/W2094155635","https://openalex.org/W2095364399","https://openalex.org/W2097580026","https://openalex.org/W2104267426","https://openalex.org/W2144452471","https://openalex.org/W2160382913","https://openalex.org/W2160885260","https://openalex.org/W2162338668","https://openalex.org/W2162656107","https://openalex.org/W2167685304","https://openalex.org/W2178225550","https://openalex.org/W2414792059","https://openalex.org/W2521139710","https://openalex.org/W2522919571","https://openalex.org/W2523675164","https://openalex.org/W2526568049","https://openalex.org/W2571894309","https://openalex.org/W2601386739","https://openalex.org/W2613948579","https://openalex.org/W2732729650","https://openalex.org/W2740288336","https://openalex.org/W2743377355","https://openalex.org/W2758991599","https://openalex.org/W2771030840","https://openalex.org/W2783933003","https://openalex.org/W2791965891","https://openalex.org/W2792967692","https://openalex.org/W2800896112","https://openalex.org/W2898449608","https://openalex.org/W2900717462","https://openalex.org/W2921367865","https://openalex.org/W2932086889","https://openalex.org/W2947786581","https://openalex.org/W2964745687","https://openalex.org/W2971616626","https://openalex.org/W2972379780","https://openalex.org/W2973225918","https://openalex.org/W2980302410","https://openalex.org/W3007336201","https://openalex.org/W3007374507","https://openalex.org/W3009428271","https://openalex.org/W3015304014","https://openalex.org/W3022908605","https://openalex.org/W3038505698","https://openalex.org/W3106742875","https://openalex.org/W3124662040","https://openalex.org/W3150402146"],"related_works":["https://openalex.org/W3007336201","https://openalex.org/W7171725883","https://openalex.org/W4390696747","https://openalex.org/W4384558846","https://openalex.org/W4383227100","https://openalex.org/W3167202373","https://openalex.org/W3162143293","https://openalex.org/W4389502225","https://openalex.org/W3128366265","https://openalex.org/W3015304014"],"abstract_inverted_index":{"This":[0],"study":[1],"examines":[2],"the":[3,16,35,41,53,87,137],"relationship":[4,39],"between":[5,30,40,74],"global":[6,155],"economic":[7,156],"policy":[8,116,158],"uncertainty":[9],"(GEPU)":[10],"and":[11,32,70,76,98,104,109,140,157,173],"bitcoin":[12],"prices":[13],"(BCP)":[14],"employing":[15],"rolling":[17,54],"window":[18,55],"method.":[19],"The":[20,50,81],"full":[21,36],"sample":[22,37],"test":[23,56],"shows":[24],"that":[25,58,92],"there":[26,59],"is":[27,60],"no":[28],"causality":[29,61],"GEPU":[31,75],"BCP.":[33],"However,":[34],"causal":[38],"variables":[42],"can":[43,93],"be":[44,94,119,148],"different":[45,63],"when":[46],"considering":[47],"structural":[48],"changes.":[49,159],"finding":[51],"of":[52,89],"indicates":[57],"in":[62,136],"subsamples.":[64,80],"It":[65],"has":[66,141],"found":[67],"both":[68],"positive":[69],"negative":[71],"bidirectional":[72],"causalities":[73],"BCP":[77],"across":[78],"various":[79],"decision":[82],"makers":[83,161],"need":[84],"to":[85,124,150],"accelerate":[86],"development":[88],"blockchain":[90],"technology":[91],"used":[95],"for":[96],"hedging":[97],"portfolio":[99,122],"diversification.":[100],"Moreover,":[101],"enacting":[102],"laws":[103],"regulations":[105,169],"on":[106,170],"state":[107,171],"interventions":[108,172],"prohibitions":[110],"ensures":[111],"investor":[112,164],"confidence.":[113],"Information":[114],"about":[115,154],"changes":[117],"should":[118,147,162],"incorporated":[120],"into":[121],"selection":[123],"avoid":[125],"random":[126],"market":[127],"fluctuations.":[128],"Its":[129],"unregulated":[130],"nature":[131],"makes":[132],"it":[133],"more":[134],"turbulent":[135],"short":[138],"term":[139],"undergone":[142],"sudden":[143],"changes,":[144],"so":[145],"investors":[146],"able":[149],"obtain":[151],"comprehensive":[152],"information":[153],"Policy":[160],"ensure":[163],"confidence":[165],"by":[166],"making":[167],"legal":[168],"prohibitions.":[174]},"counts_by_year":[{"year":2025,"cited_by_count":3},{"year":2024,"cited_by_count":10},{"year":2023,"cited_by_count":5},{"year":2022,"cited_by_count":4},{"year":2021,"cited_by_count":1}],"updated_date":"2026-11-10T11:39:43.021295","created_date":"2021-08-30T00:00:00"}