{"id":"https://openalex.org/W4387670690","doi":"https://doi.org/10.1080/10919392.2023.2267957","title":"FACTORS INFLUENCING BITCOIN MARKET VOLATILITY DURING THE COVID-19 PANDEMIC CRISIS","display_name":"FACTORS INFLUENCING BITCOIN MARKET VOLATILITY DURING THE COVID-19 PANDEMIC CRISIS","publication_year":2023,"publication_date":"2023-10-02","ids":{"openalex":"https://openalex.org/W4387670690","doi":"https://doi.org/10.1080/10919392.2023.2267957"},"language":"en","primary_location":{"id":"doi:10.1080/10919392.2023.2267957","is_oa":false,"landing_page_url":"https://doi.org/10.1080/10919392.2023.2267957","pdf_url":null,"source":{"id":"https://openalex.org/S128779766","display_name":"Journal of Organizational Computing and Electronic Commerce","issn_l":"1054-1721","issn":["1054-1721","1091-9392","1532-7744"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Organizational Computing and Electronic Commerce","raw_type":"journal-article"},"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5040716407","display_name":"Zhunzhun Liu","orcid":"https://orcid.org/0000-0001-7942-9341"},"institutions":[{"id":"https://openalex.org/I24943067","display_name":"Fudan University","ror":"https://ror.org/013q1eq08","country_code":"CN","type":"education","lineage":["https://openalex.org/I24943067"]},{"id":"https://openalex.org/I4210105385","display_name":"Shanghai Stock Exchange","ror":"https://ror.org/01ecwsw76","country_code":"CN","type":"other","lineage":["https://openalex.org/I4210105385"]}],"countries":["CN"],"is_corresponding":false,"raw_author_name":"Zhunzhun Liu","raw_affiliation_strings":["Post-Doctoral Research Center, Shanghai Gold Exchange, Shanghai, P.R. China","School of Management, Fudan University, Shanghai, P.R. China"],"affiliations":[{"raw_affiliation_string":"Post-Doctoral Research Center, Shanghai Gold Exchange, Shanghai, P.R. China","institution_ids":["https://openalex.org/I4210105385"]},{"raw_affiliation_string":"School of Management, Fudan University, Shanghai, P.R. China","institution_ids":["https://openalex.org/I24943067"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5046255966","display_name":"Lu\u2010Xi Zou","orcid":"https://orcid.org/0000-0001-9974-2642"},"institutions":[{"id":"https://openalex.org/I177388780","display_name":"Xuzhou Medical College","ror":"https://ror.org/04fe7hy80","country_code":"CN","type":"education","lineage":["https://openalex.org/I177388780"]}],"countries":["CN"],"is_corresponding":true,"raw_author_name":"Lu-Xi Zou","raw_affiliation_strings":["School of Management, Xuzhou Medical University, Xuzhou, Jiangsu, P.R. China"],"affiliations":[{"raw_affiliation_string":"School of Management, Xuzhou Medical University, Xuzhou, Jiangsu, P.R. China","institution_ids":["https://openalex.org/I177388780"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":2,"corresponding_author_ids":["https://openalex.org/A5046255966"],"corresponding_institution_ids":["https://openalex.org/I177388780"],"apc_list":null,"apc_paid":null,"fwci":1.821,"has_fulltext":false,"cited_by_count":4,"citation_normalized_percentile":{"value":0.88744163,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":99},"biblio":{"volume":"33","issue":"3-4","first_page":"162","last_page":"177"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9995999932289124,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},"topics":[{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9995999932289124,"subfield":{"id":"https://openalex.org/subfields/1710","display_name":"Information Systems"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11059","display_name":"Market Dynamics and Volatility","score":0.9936000108718872,"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/T10438","display_name":"Energy, Environment, Economic Growth","score":0.9627000093460083,"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/cryptocurrency","display_name":"Cryptocurrency","score":0.5846436023712158},{"id":"https://openalex.org/keywords/index","display_name":"Index (typography)","score":0.5495615005493164},{"id":"https://openalex.org/keywords/futures-contract","display_name":"Futures contract","score":0.5405515432357788},{"id":"https://openalex.org/keywords/incentive","display_name":"Incentive","score":0.5347031354904175},{"id":"https://openalex.org/keywords/commodity","display_name":"Commodity","score":0.5309186577796936},{"id":"https://openalex.org/keywords/china","display_name":"China","score":0.5111928582191467},{"id":"https://openalex.org/keywords/volatility","display_name":"Volatility (finance)","score":0.4648159444332123},{"id":"https://openalex.org/keywords/financial-crisis","display_name":"Financial crisis","score":0.448763370513916},{"id":"https://openalex.org/keywords/business","display_name":"Business","score":0.4106369614601135},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.4061949849128723},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.3284061551094055},{"id":"https://openalex.org/keywords/finance","display_name":"Finance","score":0.27513331174850464},{"id":"https://openalex.org/keywords/political-science","display_name":"Political science","score":0.21814844012260437},{"id":"https://openalex.org/keywords/macroeconomics","display_name":"Macroeconomics","score":0.15746819972991943},{"id":"https://openalex.org/keywords/market-economy","display_name":"Market economy","score":0.14494743943214417}],"concepts":[{"id":"https://openalex.org/C180706569","wikidata":"https://www.wikidata.org/wiki/Q13479982","display_name":"Cryptocurrency","level":2,"score":0.5846436023712158},{"id":"https://openalex.org/C2777382242","wikidata":"https://www.wikidata.org/wiki/Q6017816","display_name":"Index (typography)","level":2,"score":0.5495615005493164},{"id":"https://openalex.org/C106306483","wikidata":"https://www.wikidata.org/wiki/Q183984","display_name":"Futures contract","level":2,"score":0.5405515432357788},{"id":"https://openalex.org/C29122968","wikidata":"https://www.wikidata.org/wiki/Q1414816","display_name":"Incentive","level":2,"score":0.5347031354904175},{"id":"https://openalex.org/C2779439359","wikidata":"https://www.wikidata.org/wiki/Q317088","display_name":"Commodity","level":2,"score":0.5309186577796936},{"id":"https://openalex.org/C191935318","wikidata":"https://www.wikidata.org/wiki/Q148","display_name":"China","level":2,"score":0.5111928582191467},{"id":"https://openalex.org/C91602232","wikidata":"https://www.wikidata.org/wiki/Q756115","display_name":"Volatility (finance)","level":2,"score":0.4648159444332123},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.448763370513916},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4106369614601135},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.4061949849128723},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.3284061551094055},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.27513331174850464},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.21814844012260437},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.15746819972991943},{"id":"https://openalex.org/C34447519","wikidata":"https://www.wikidata.org/wiki/Q179522","display_name":"Market economy","level":1,"score":0.14494743943214417},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0},{"id":"https://openalex.org/C136764020","wikidata":"https://www.wikidata.org/wiki/Q466","display_name":"World Wide Web","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1080/10919392.2023.2267957","is_oa":false,"landing_page_url":"https://doi.org/10.1080/10919392.2023.2267957","pdf_url":null,"source":{"id":"https://openalex.org/S128779766","display_name":"Journal of Organizational Computing and Electronic Commerce","issn_l":"1054-1721","issn":["1054-1721","1091-9392","1532-7744"],"is_oa":false,"is_in_doaj":false,"is_core":true,"host_organization":"https://openalex.org/P4310320547","host_organization_name":"Taylor & Francis","host_organization_lineage":["https://openalex.org/P4310320547"],"host_organization_lineage_names":["Taylor & Francis"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Organizational Computing and Electronic Commerce","raw_type":"journal-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/9","score":0.5099999904632568,"display_name":"Industry, innovation and infrastructure"}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":74,"referenced_works":["https://openalex.org/W1798106456","https://openalex.org/W2093573745","https://openalex.org/W2127716901","https://openalex.org/W2145501956","https://openalex.org/W2513607014","https://openalex.org/W2526568049","https://openalex.org/W2760878790","https://openalex.org/W2783933003","https://openalex.org/W2785114503","https://openalex.org/W2788755980","https://openalex.org/W2788840116","https://openalex.org/W2793599258","https://openalex.org/W2794141870","https://openalex.org/W2797713121","https://openalex.org/W2802608535","https://openalex.org/W2809077408","https://openalex.org/W2825095731","https://openalex.org/W2886076119","https://openalex.org/W2889898831","https://openalex.org/W2890821055","https://openalex.org/W2898449608","https://openalex.org/W2899685556","https://openalex.org/W2900717462","https://openalex.org/W2900766825","https://openalex.org/W2900898792","https://openalex.org/W2904762425","https://openalex.org/W2905520986","https://openalex.org/W2905707131","https://openalex.org/W2913312697","https://openalex.org/W2932086889","https://openalex.org/W2947786581","https://openalex.org/W2953981282","https://openalex.org/W2963193923","https://openalex.org/W2982103765","https://openalex.org/W2987811658","https://openalex.org/W2999603288","https://openalex.org/W3010776992","https://openalex.org/W3014833171","https://openalex.org/W3022823265","https://openalex.org/W3033861287","https://openalex.org/W3037850653","https://openalex.org/W3044481109","https://openalex.org/W3048753459","https://openalex.org/W3092128396","https://openalex.org/W3107337466","https://openalex.org/W3112586745","https://openalex.org/W3119230417","https://openalex.org/W3120505908","https://openalex.org/W3126081245","https://openalex.org/W3128952341","https://openalex.org/W3132866640","https://openalex.org/W3134147110","https://openalex.org/W3134200607","https://openalex.org/W3138230745","https://openalex.org/W3148940414","https://openalex.org/W3157375522","https://openalex.org/W3158449880","https://openalex.org/W3160608430","https://openalex.org/W3168257884","https://openalex.org/W3170258285","https://openalex.org/W3174603246","https://openalex.org/W3174963520","https://openalex.org/W3175260891","https://openalex.org/W3175574450","https://openalex.org/W3180342893","https://openalex.org/W3182808898","https://openalex.org/W3183584991","https://openalex.org/W3187800371","https://openalex.org/W3192250132","https://openalex.org/W3199278646","https://openalex.org/W3199403199","https://openalex.org/W3206453139","https://openalex.org/W3214327171","https://openalex.org/W3215277942"],"related_works":["https://openalex.org/W4366411693","https://openalex.org/W3211641817","https://openalex.org/W3164717803","https://openalex.org/W4389915954","https://openalex.org/W3123387860","https://openalex.org/W3109867883","https://openalex.org/W4291291739","https://openalex.org/W1539109379","https://openalex.org/W3124292700","https://openalex.org/W2100954101"],"abstract_inverted_index":{"ABSTRACTThe":[0],"ecological":[1],"structure":[2],"of":[3,45,64,85,125,200,232,253,267,269,288,319,348,356],"the":[4,20,23,27,37,40,48,52,75,77,80,88,98,123,126,133,138,141,178,189,249,254,265,317,354],"cryptocurrency":[5],"market":[6,25,108,142,149],"and":[7,42,47,67,71,97,101,114,140,202,208,217,222,299,306,342,366],"its":[8],"external":[9],"environmental":[10,33,65],"impact":[11,146,340],"cannot":[12],"be":[13],"ignored.":[14],"Taking":[15],"Bitcoin":[16,24],"as":[17,61,104,111,119],"an":[18,32,62,145],"example,":[19],"study":[21,58],"analyzes":[22],"during":[26],"COVID-19":[28],"pandemic":[29],"crisis":[30,156],"from":[31,280],"perspective":[34],"based":[35],"on":[36,147,239,303],"differences":[38],"in":[39,56,181,206,210,277,336,346,353],"political":[41],"economic":[43,81],"systems":[44],"China":[46],"United":[49],"States.":[50],"First,":[51],"institutional":[53,139],"environment":[54,124,143],"selected":[55],"this":[57,182],"is":[59,243,259,285,310],"used":[60,118],"indicator":[63],"measurement":[66],"divided":[68],"into":[69],"formal":[70],"informal":[72],"sectors.":[73],"In":[74],"analysis,":[76,132],"former":[78],"selects":[79,90],"policy":[82,152],"uncertainty":[83],"index":[84],"China,":[86],"while":[87],"latter":[89],"bitcoin's":[91,148],"social":[92],"attention":[93],"(including":[94],"Google":[95],"trends":[96],"Baidu":[99],"index)":[100],"investor":[102],"sentiment":[103],"indicators.":[105],"Second,":[106],"financial":[107,167],"data":[109],"such":[110],"foreign":[112],"exchange":[113],"commodity":[115],"futures":[116],"are":[117,362],"indicators":[120],"for":[121,220,228],"analyzing":[122],"bitcoin":[127],"market.":[128],"Using":[129],"VAR":[130],"modeling":[131],"results":[134],"show":[135],"that":[136,161,172],"both":[137],"have":[144,163,174],"performance.KEYWORDS:":[150],"Bitcoineconomic":[151],"uncertaintysocial":[153],"attentioninvestor":[154],"sentimentCOVID-19":[155],"Disclosure":[157],"statementThe":[158],"authors":[159],"declare":[160],"they":[162],"no":[164],"known":[165],"competing":[166],"interests":[168,294,361],"or":[169,326],"personal":[170],"relationships":[171],"could":[173],"appeared":[175],"to":[176],"influence":[177],"work":[179,185],"reported":[180],"paper.Additional":[183],"informationFundingThis":[184],"was":[186],"supported":[187],"by":[188],"[Shanghai":[190],"\"Super":[191],"Postdoctoral\"":[192],"Incentive":[193],"Program]":[194],"under":[195,213,235],"Grant":[196,214,236],"[number":[197,215,237],"2021175];":[198],"[Project":[199],"Philosophy":[201],"Social":[203],"Science":[204,221,226],"Research":[205,227,251],"Colleges":[207],"Universities":[209],"Jiangsu":[211,233],"Province]":[212,234],"2021SJA1096];":[216],"[Special":[218],"Foundation":[219],"Technology":[223],"Program":[224],"(Soft":[225],"Innovation":[229],"Support":[230],"Program)":[231],"BR2022011].Notes":[238],"contributorsZhunzhun":[240],"LiuZhunzhun":[241],"Liu":[242],"currently":[244],"a":[245,260,274,286,311],"postdoctoral":[246,262],"fellow":[247],"at":[248,316],"Post-Doctoral":[250],"Centre":[252],"Shanghai":[255],"Gold":[256],"Exchange,":[257],"which":[258,301],"joint":[261],"programme":[263],"with":[264,339],"School":[266,318],"Management":[268,279],"Fudan":[270],"University.":[271,282,323],"She":[272],"has":[273,330,351],"Ph.D.":[275],"degree":[276],"Business":[278],"Zhejiang":[281],"This":[283],"paper":[284],"subtopic":[287],"her":[289],"doctoral":[290],"thesis.":[291],"Her":[292,359],"research":[293,360],"include":[295],"Financial":[296],"Market":[297],"Infrastructure":[298],"FinTech,":[300],"focuses":[302],"third-party":[304],"payments":[305],"cryptocurrencies.Lu-Xi":[307],"ZouLu-Xi":[308],"Zou":[309],"senior":[312],"engineer,":[313],"associate":[314],"professor":[315],"Management,":[320],"Xuzhou":[321],"Medical":[322],"As":[324],"first":[325],"corresponding":[327],"author,":[328],"he":[329],"more":[331],"than":[332],"twenty":[333],"papers":[334],"published":[335],"important":[337],"journals":[338],"factors":[341],"Journal":[343],"Citation":[344],"Reports":[345],"Web":[347],"Sciences.":[349],"He":[350],"experience":[352],"area":[355],"Information":[357,363],"Management.":[358],"Economy,":[364],"Fintech,":[365],"Machine":[367],"Learning.":[368]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2025,"cited_by_count":2},{"year":2024,"cited_by_count":1}],"updated_date":"2026-04-03T22:45:19.894376","created_date":"2025-10-10T00:00:00"}