[Author: Goutte, Stéphane] AND [Keyword: Cryptocurrencies] : Search

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[Author: Goutte, Stéphane] AND [Keyword: Cryptocurrencies] (1)	18 Mar 2025	Run
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Chapter 3: Bitcoin and the First Wave of COVID-19
- John W. Goodell and
- Stéphane Goutte
COVID-19 Pandemic and Energy Markets01 Oct 2021
Preview Abstract
Extending the time period of Goodell and Goutte (2020), we apply wavelet methods to daily data of COVID-19 world deaths and daily Bitcoin prices from December 31, 2019 to August 31, 2020. We confirm Goodell and Goutte (2020) for an extended period by evidencing a positive correlation between levels of COVID-19 and Bitcoin prices, suggesting Bitcoin as a safe haven investment. Investigations such as this are important to both scholars and policy-makers, as well as investment professionals interested in the financial implications of both COVID-19 and cryptocurrencies.

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