Aishwarya Gupta, Amity University Kolkata
ABSTRACT
Since past few years, cryptocurrency, which is a digital or virtual currency that uses cryptography for security, has been able to grab a lot of attention of the public. It has become a hot topic in the financial industry throughout the world. The concept of cryptocurrency sure is easy to use but is hard to welcome. Though cryptocurrency’s lack of correlation with the other players of the economy had become sort of an assorted blessing for the investors, the investors who were interested in an asset class independent of all the factors & commotion affecting the stock market. However growing recognition of the crypto markets since 2017 among the retail and institutional investors has created what seems to be a correlation between the cryptocurrency and equity markets. In this paper, the researcher will explain how the factors that affect the equity markets are the same ones that affect the cryptocurrency markets.
Comments