Reports Outline Risk Management Research from WSB University (Risk Management in the Area of Bitcoin Market Development: Example from the USA): Insurance – Risk Management

2024 APR 25 (NewsRx) -- By a News Reporter-Staff News Editor at Insurance Daily News -- New research on risk management is the subject of a new report. According to news originating from WSB University by NewsRx correspondents, research stated, “This paper explores the relationship between Bitcoin returns, the consumer price index, and economic policy uncertainty.”

The news reporters obtained a quote from the research from WSB University: “Employing the QARDL method, this study examines both short- and long-term dynamics between macroeconomic factors and Bitcoin returns. Our analysis of monthly time series data from January 2011 to November 2023 reveals that volatile US economic policy indicators, such as high economic policy uncertainty, volatile inflation, and rising interest rates, have recently exerted a negative impact on Bitcoin returns. This study shows that these results are true not only for traditional money but also for cryptocurrencies such as Bitcoin, despite their cardinal features.”

According to the news editors, the research concluded: “Its decentralized nature, indicating that it has no physical representation, is not tied to any authority or national economy and relies on a complex algorithm to track transactions. Further, it yields volatile returns that depend on macroeconomic indicators.”

For more information on this research see: Risk Management in the Area of Bitcoin Market Development: Example from the USA. Risks, 2024,12(4). (Risks - http://www.mdpi.com/journal/risks). The publisher for Risks is MDPI AG.

A free version of this journal article is available at https://doi.org/10.3390/risks12040067.

Our news journalists report that more information may be obtained by contacting Laeeq Razzak Janjua, Faculty of Science, WSB University, 41-300 Dabrowa Gornicza, Poland. Additional authors for this research include Iza Gigauri, Agnieszka Wojcik-Czerniawska, Elzbieta Pohulak-Zoledowska.

ORCID is an identifier for authors and includes bibliographic information. The following is ORCID information for the authors of this research: Laeeq Razzak Janjua (http://orcid.org/0000-0002-1948-5859), Iza Gigauri (http://orcid.org/0000-0001-6394-6416).

(Our reports deliver fact-based news of research and discoveries from around the world.)