Before revision: In this paper, we explore some stylized facts in the Bitcoin market using the BTC-USD exchange rate time series of historical intraday data from 2013 to 2018. Despite Bitcoin presents some very peculiar idiosyncrasies, like the absence of macroeconomic fundamentals or connections with underlying asset or benchmark, a clear asymmetry between demand and supply and the presence of inefficiency in the form of very strong arbitrage opportunity  , all these elements seem to be marginal in the definition of the structural statistical properties of this virtual financial asset, which result to be analogous to general individual stocks or indices.
After revision: In this paper, we explore some stylized facts in the Bitcoin market using the BTC-USD exchange rate time series of historical intraday data from 2013 to 2020. Bitcoin presents some very peculiar idiosyncrasies, like the absence of macroeconomic fundamentals or connections with underlying asset or benchmark, a clear asymmetry between demand and supply and the presence of inefficiency in the form of very strong arbitrage opportunity , all these elements seem to be marginal in the definition of the structural statistical properties of this virtual financial asset, which result to be analogous to general individual stocks or indices.