{"id":"https://openalex.org/W4284990287","doi":"https://doi.org/10.1145/3537693.3537707","title":"Factors Impacting on Bitcoin Returns in the Top Three COVID-19 Infected Countries","display_name":"Factors Impacting on Bitcoin Returns in the Top Three COVID-19 Infected Countries","publication_year":2022,"publication_date":"2022-04-27","ids":{"openalex":"https://openalex.org/W4284990287","doi":"https://doi.org/10.1145/3537693.3537707"},"language":"en","primary_location":{"id":"doi:10.1145/3537693.3537707","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3537693.3537707","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 6th International Conference on E-Commerce, E-Business and E-Government","raw_type":"proceedings-article"},"type":"conference-paper","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/A5040169374","display_name":"Shinta Amalina Hazrati Havidz","orcid":"https://orcid.org/0000-0001-9837-7233"},"institutions":[{"id":"https://openalex.org/I166073570","display_name":"Binus University","ror":"https://ror.org/03zmf4s77","country_code":"ID","type":"education","lineage":["https://openalex.org/I166073570"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Shinta Amalina Hazrati Havidz","raw_affiliation_strings":["Finance Program, Accounting Department, Faculty of Economics &amp; Communication, Bina Nusantara University, Indonesia"],"raw_orcid":"https://orcid.org/0000-0001-9837-7233","affiliations":[{"raw_affiliation_string":"Finance Program, Accounting Department, Faculty of Economics &amp; Communication, Bina Nusantara University, Indonesia","institution_ids":["https://openalex.org/I166073570"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5056859180","display_name":"Zefanya Angelita","orcid":"https://orcid.org/0000-0003-2260-174X"},"institutions":[{"id":"https://openalex.org/I166073570","display_name":"Binus University","ror":"https://ror.org/03zmf4s77","country_code":"ID","type":"education","lineage":["https://openalex.org/I166073570"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Zefanya Angelita","raw_affiliation_strings":["Finance Program, Accounting Department, Faculty of Economics &amp; Communication, Bina Nusantara University, Indonesia"],"raw_orcid":"https://orcid.org/0000-0003-2260-174X","affiliations":[{"raw_affiliation_string":"Finance Program, Accounting Department, Faculty of Economics &amp; Communication, Bina Nusantara University, Indonesia","institution_ids":["https://openalex.org/I166073570"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5062441995","display_name":"Ingrid Claudia Calvilus","orcid":"https://orcid.org/0000-0002-5737-1617"},"institutions":[{"id":"https://openalex.org/I166073570","display_name":"Binus University","ror":"https://ror.org/03zmf4s77","country_code":"ID","type":"education","lineage":["https://openalex.org/I166073570"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Ingrid Claudia Calvilus","raw_affiliation_strings":["Finance Program, Accounting Department, Faculty of Economics &amp; Communication, Bina Nusantara University, Indonesia"],"raw_orcid":"https://orcid.org/0000-0002-5737-1617","affiliations":[{"raw_affiliation_string":"Finance Program, Accounting Department, Faculty of Economics &amp; Communication, Bina Nusantara University, Indonesia","institution_ids":["https://openalex.org/I166073570"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5090983259","display_name":"Junius","orcid":null},"institutions":[{"id":"https://openalex.org/I166073570","display_name":"Binus University","ror":"https://ror.org/03zmf4s77","country_code":"ID","type":"education","lineage":["https://openalex.org/I166073570"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Junius","raw_affiliation_strings":["Finance Program, Accounting Department, Faculty of Economics &amp; Communication, Bina Nusantara University, Indonesia"],"raw_orcid":"https://orcid.org/0000-0002-6743-5370","affiliations":[{"raw_affiliation_string":"Finance Program, Accounting Department, Faculty of Economics &amp; Communication, Bina Nusantara University, Indonesia","institution_ids":["https://openalex.org/I166073570"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5061612209","display_name":"Tiffani","orcid":null},"institutions":[{"id":"https://openalex.org/I166073570","display_name":"Binus University","ror":"https://ror.org/03zmf4s77","country_code":"ID","type":"education","lineage":["https://openalex.org/I166073570"]}],"countries":["ID"],"is_corresponding":false,"raw_author_name":"Tiffani","raw_affiliation_strings":["Finance Program, Accounting Department, Faculty of Economics &amp; Communication, Bina Nusantara University, Indonesia"],"raw_orcid":"https://orcid.org/0000-0001-9181-0225","affiliations":[{"raw_affiliation_string":"Finance Program, Accounting Department, Faculty of Economics &amp; Communication, Bina Nusantara University, Indonesia","institution_ids":["https://openalex.org/I166073570"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":[],"corresponding_institution_ids":["https://openalex.org/I166073570"],"apc_list":null,"apc_paid":null,"fwci":0.7537,"has_fulltext":false,"cited_by_count":3,"citation_normalized_percentile":{"value":0.69707153,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":90,"max":95},"biblio":{"volume":null,"issue":null,"first_page":"203","last_page":"208"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10270","display_name":"Blockchain Technology Applications and Security","score":0.9976999759674072,"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":0.9976999759674072,"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/T11711","display_name":"COVID-19 Pandemic Impacts","score":0.9976999759674072,"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/T11059","display_name":"Market Dynamics and Volatility","score":0.9872000217437744,"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/robustness","display_name":"Robustness (evolution)","score":0.7739906907081604},{"id":"https://openalex.org/keywords/macro","display_name":"Macro","score":0.6897771954536438},{"id":"https://openalex.org/keywords/economics","display_name":"Economics","score":0.6110543012619019},{"id":"https://openalex.org/keywords/econometrics","display_name":"Econometrics","score":0.608100950717926},{"id":"https://openalex.org/keywords/market-liquidity","display_name":"Market liquidity","score":0.5842966437339783},{"id":"https://openalex.org/keywords/coronavirus-disease-2019","display_name":"Coronavirus disease 2019 (COVID-19)","score":0.5396502017974854},{"id":"https://openalex.org/keywords/stock","display_name":"Stock (firearms)","score":0.48610377311706543},{"id":"https://openalex.org/keywords/monetary-economics","display_name":"Monetary economics","score":0.47904670238494873},{"id":"https://openalex.org/keywords/generalized-method-of-moments","display_name":"Generalized method of moments","score":0.44384241104125977},{"id":"https://openalex.org/keywords/financial-economics","display_name":"Financial economics","score":0.4084318280220032},{"id":"https://openalex.org/keywords/computer-science","display_name":"Computer science","score":0.19100841879844666},{"id":"https://openalex.org/keywords/geography","display_name":"Geography","score":0.140488862991333},{"id":"https://openalex.org/keywords/panel-data","display_name":"Panel data","score":0.1303221583366394}],"concepts":[{"id":"https://openalex.org/C63479239","wikidata":"https://www.wikidata.org/wiki/Q7353546","display_name":"Robustness (evolution)","level":3,"score":0.7739906907081604},{"id":"https://openalex.org/C166955791","wikidata":"https://www.wikidata.org/wiki/Q629579","display_name":"Macro","level":2,"score":0.6897771954536438},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.6110543012619019},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.608100950717926},{"id":"https://openalex.org/C183582576","wikidata":"https://www.wikidata.org/wiki/Q184783","display_name":"Market liquidity","level":2,"score":0.5842966437339783},{"id":"https://openalex.org/C3008058167","wikidata":"https://www.wikidata.org/wiki/Q84263196","display_name":"Coronavirus disease 2019 (COVID-19)","level":4,"score":0.5396502017974854},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.48610377311706543},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.47904670238494873},{"id":"https://openalex.org/C162748667","wikidata":"https://www.wikidata.org/wiki/Q683131","display_name":"Generalized method of moments","level":3,"score":0.44384241104125977},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.4084318280220032},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.19100841879844666},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.140488862991333},{"id":"https://openalex.org/C6422946","wikidata":"https://www.wikidata.org/wiki/Q857354","display_name":"Panel data","level":2,"score":0.1303221583366394},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C2779134260","wikidata":"https://www.wikidata.org/wiki/Q12136","display_name":"Disease","level":2,"score":0.0},{"id":"https://openalex.org/C142724271","wikidata":"https://www.wikidata.org/wiki/Q7208","display_name":"Pathology","level":1,"score":0.0},{"id":"https://openalex.org/C71924100","wikidata":"https://www.wikidata.org/wiki/Q11190","display_name":"Medicine","level":0,"score":0.0},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0},{"id":"https://openalex.org/C524204448","wikidata":"https://www.wikidata.org/wiki/Q788926","display_name":"Infectious disease (medical specialty)","level":3,"score":0.0},{"id":"https://openalex.org/C199360897","wikidata":"https://www.wikidata.org/wiki/Q9143","display_name":"Programming language","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.1145/3537693.3537707","is_oa":false,"landing_page_url":"https://doi.org/10.1145/3537693.3537707","pdf_url":null,"source":null,"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Proceedings of the 6th International Conference on E-Commerce, E-Business and E-Government","raw_type":"proceedings-article"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/17","display_name":"Partnerships for the goals","score":0.4399999976158142}],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":42,"referenced_works":["https://openalex.org/W2042197230","https://openalex.org/W2127716901","https://openalex.org/W2145501956","https://openalex.org/W2514523092","https://openalex.org/W2601386739","https://openalex.org/W2655997960","https://openalex.org/W2792973870","https://openalex.org/W2795679926","https://openalex.org/W2900850787","https://openalex.org/W2913964475","https://openalex.org/W2981819387","https://openalex.org/W2991209778","https://openalex.org/W3010146996","https://openalex.org/W3013907248","https://openalex.org/W3014288492","https://openalex.org/W3015769695","https://openalex.org/W3019724901","https://openalex.org/W3019805483","https://openalex.org/W3021793031","https://openalex.org/W3022645607","https://openalex.org/W3022908605","https://openalex.org/W3025524632","https://openalex.org/W3026117698","https://openalex.org/W3026812076","https://openalex.org/W3030465810","https://openalex.org/W3033445019","https://openalex.org/W3036246242","https://openalex.org/W3037850653","https://openalex.org/W3041152699","https://openalex.org/W3041589290","https://openalex.org/W3044700432","https://openalex.org/W3044809985","https://openalex.org/W3045217887","https://openalex.org/W3045932248","https://openalex.org/W3085442716","https://openalex.org/W3121401171","https://openalex.org/W3122141917","https://openalex.org/W3123749761","https://openalex.org/W3161187876","https://openalex.org/W3206962479","https://openalex.org/W3207586840","https://openalex.org/W4230481952"],"related_works":["https://openalex.org/W2030816003","https://openalex.org/W4239992647","https://openalex.org/W2076325756","https://openalex.org/W81423522","https://openalex.org/W2150013480","https://openalex.org/W2488264085","https://openalex.org/W1509860481","https://openalex.org/W4386206750","https://openalex.org/W1989362889","https://openalex.org/W1605713622"],"abstract_inverted_index":{"Our":[0],"research":[1],"investigated":[2],"the":[3,17,37,89,110,134,152],"effect":[4],"of":[5,41,54,113,123],"COVID-19":[6,72],"cases":[7,75,87],"(cumulative":[8],"positive":[9,74,77],"and":[10,28,31,97,116,140],"death":[11,86],"cases)":[12],"on":[13,23,81],"Bitcoin":[14,42,82,108,124],"price":[15,99],"in":[16,118,133,144,154],"top":[18],"three":[19],"infected":[20],"countries":[21],"based":[22],"WHO":[24],"(United":[25],"States,":[26],"Brazil,":[27],"India).":[29],"Macro-financial":[30,91],"internal":[32,130,145],"factors":[33,92,131,146],"are":[34,125],"employed":[35],"as":[36,128],"other":[38],"independent":[39],"determinants":[40],"prices.":[43],"We":[44],"utilized":[45],"feasible":[46],"generalized":[47,52],"least":[48],"squares":[49],"(FGLS)":[50],"alongside":[51],"method":[53],"moments":[55],"(GMM)":[56],"for":[57],"robustness":[58,63],"check.":[59],"The":[60,68],"output":[61],"revealed":[62],"across":[64],"different":[65],"econometric":[66],"models.":[67],"findings":[69],"unraveled":[70],"that":[71,101],"cumulative":[73],"brought":[76],"but":[78],"insignificant":[79],"impacts":[80],"returns,":[83],"while":[84],"its":[85],"stated":[88],"opposite.":[90],"represented":[93],"by":[94],"stock":[95],"indices":[96],"gold":[98],"imposed":[100],"they":[102],"could":[103],"be":[104],"alternative":[105],"investments":[106],"to":[107,120],"under":[109],"uncertain":[111],"times":[112],"COVID-19.":[114],"Liquidity":[115],"volume":[117],"respect":[119],"return":[121,141],"discovery":[122],"imperative":[126],"instruments,":[127],"these":[129],"move":[132],"same":[135],"direction":[136],"with":[137],"Bitcoin's":[138,155],"demand":[139],"movement.":[142],"Efficiency":[143],"drives":[147],"investors\u2019":[148],"demand,":[149],"hence":[150],"pushing":[151],"increase":[153],"return.":[156]},"counts_by_year":[{"year":2025,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1}],"updated_date":"2026-07-29T14:22:42.915294","created_date":"2025-10-10T00:00:00"}
