Cryptocurrencies as safe havens during crises
Asensio Gonzalez, Miguel
Promotor(s) : Dare, Wale
Date of defense : 5-Sep-2022/10-Sep-2022 • Permalink : http://hdl.handle.net/2268.2/16374
Details
Title : | Cryptocurrencies as safe havens during crises |
Translated title : | [fr] Les cryptomonnaies en tant que valeurs reguges en temps de crises |
Author : | Asensio Gonzalez, Miguel |
Date of defense : | 5-Sep-2022/10-Sep-2022 |
Advisor(s) : | Dare, Wale |
Committee's member(s) : | Gillain, Cédric
Taquet, Simon |
Language : | English |
Number of pages : | 44 |
Keywords : | [fr] Cryptocurrencies [fr] safe-haven [fr] Bitcoin [fr] Ether [fr] Crisis |
Discipline(s) : | Business & economic sciences > Finance |
Target public : | Professionals of domain Student General public |
Institution(s) : | Université de Liège, Liège, Belgique |
Degree: | Master en sciences de gestion, à finalité spécialisée en Banking and Asset Management |
Faculty: | Master thesis of the HEC-Ecole de gestion de l'Université de Liège |
Abstract
[en] Over the last decade, the appearance of a variety of crises has had a significant impact on the functioning of the financial markets. Putting pressure on the researchers to reexamine the panel of safe havens that are already known, while also encouraging them to investigate less conventional assets like cryptocurrencies. It is with this in mind that we decided to test the properties loaned to cryptocurrencies, in particular Bitcoin and Ether, as a safe haven over the US market (S&P500). The study serves as a benchmark on the current state of the stock while lending weight to the emerging trend that neither Bitcoin nor Ether was able to act as a safe haven during recent crises (until 31-12-2021).
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