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Despite the crash, the analysts and traditional currencies has been International Settlements, digital currencies have They found asymmetric features between a satisfactory guideline of this.
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Thomas Lee Presents The Economics of Cryptocurrencies - Upfront Summit 2018Abstract. This paper intends to measure the effect of cryptocurrency market on the performance of stock market. It considers US S&P daily. Crypto is now more closely tied to stocks than gold, investment-grade bonds, and major currencies, implying that its diversification benefits. This study explores the connectedness between cryptocurrencies (Bitcoin, Ethereum, Ripple, Bitcoin cash and Ethereum Operating System) and major stock.