Economics

Is cryptocurrency a hedging tool during economic policy uncertainty? An empirical investigation

C. He, Y. Li, et al.

This study explores the intriguing relationship between economic policy uncertainty (EPU) and popular cryptocurrencies like Bitcoin and Ethereum. The research, conducted by Chengying He, Yong Li, Tianqi Wang, and Salman Ali Shah, demonstrates a short-term hedging potential against EPU primarily within the US market, while also uncovering a unique long-term positive relationship for Tether. Discover the implications of these findings on cryptocurrency market volatility.