title: The research for determinants affecting the cryptocurrencies return
title: Ð²ÑÐ¿ÑÑÐºÐ½Ð°Ñ ÐºÐ²Ð°Ð»Ð¸ÑÐ¸ÐºÐ°ÑÐ¸Ð¾Ð½Ð½Ð°Ñ ÑÐ°Ð±Ð¾ÑÐ° Ð¼Ð°Ð³Ð¸ÑÑÑÐ°
titleType: Subtitle
title: ÐÑÑÐ»ÐµÐ´Ð¾Ð²Ð°Ð½Ð¸Ðµ Ð²Ð»Ð¸ÑÐ½Ð¸Ñ ÑÐ°ÐºÑÐ¾ÑÐ¾Ð² Ð½Ð° Ð´Ð¾Ñ Ð¾Ð´Ð½Ð¾ÑÑÑ ÐºÑÐ¸Ð¿ÑÐ¾Ð²Ð°Ð»ÑÑ
Creators: name: ÐÐ±Ð´ÑÑÐ°ÑÑÐ»Ð¾Ð², ÐÐ¾Ð±ÑÑ
Publisher: name: Ð¡Ð°Ð½ÐºÑ-ÐÐµÑÐµÑÐ±ÑÑÐ³ÑÐºÐ¸Ð¹ Ð¿Ð¾Ð»Ð¸ÑÐµÑÐ½Ð¸ÑÐµÑÐºÐ¸Ð¹ ÑÐ½Ð¸Ð²ÐµÑÑÐ¸ÑÐµÑ ÐÐµÑÑÐ° ÐÐµÐ»Ð¸ÐºÐ¾Ð³Ð¾
Year: 2024
Subjects: cryptocurrencies
returns
macroeconomic factors
bitcoin ETF announcement
bitcoin halving
econometric analysis
event study

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description: The study aims to investigate the impact of macroeconomic factors and events on cryptocurrency returns according to their distinct categories in the short-term perspective. This will be achieved through several tasks, which includes: - analysis prior studies to understand theoretical and methodological background of factors influencing cryptocurrency returns. -identification of research hypotheses, research methodology and requirements for initial dataset. -collecting and conducting exploratory analysis of initial dataset -building time series models and conducting an event study. - interpreting the obtained results and developing recommendations. Conducting a comprehensive analysis, the research establishes a foundation for understanding of cryptocurrencies through exploration of their history of occurrence, basic concepts, as well as their classification, along with a review of existing research and methodologies, setting deeper stage of analysis. Further, the thesis analyzes the short-term impact of macroeconomic factors and significant cryptocurrency events on averaged cryptocurrency returns indexes according to their distinct category utilizing timeseries models and event study methodology. The event study is conducted using Excel software tool, while time series models are executed in Python enabling robust data handling and sophisticated modeling techniques, which provide comprehensive insights into cryptocurrencies behavior. The findings of this study sheds light on the complex relation between macroeconomic factors, significant events as well as news in cryptocurrency world, and cryptocurrency returns according to their distinct categories. Moreover, not only does the research results in contextualizing significant cryptocurrency events and macro-economic factors, but also integrates them into a broader analytic framework that can inform investors, developers, and policymakers.