Cryptocurrency Disruption and Investors' Reaction to Earnings Announcements
Google Search VolumeThe figure presents the relation between Bitcoin price (BTC-USD) and google search volume for the term ‘crypto’. It appears from the simple bi-ivariate analysis that investor demand for crypto is related to Bitcoin price. In this paper, we find that price movements in the cryptocurrency markets distracts investors and influence market’s reaction to earnings announcements.
Ashish Ochani
Ph.D. Candidate, Accounting
I am a Ph.D. candidate in Accounting at Samuel Curtis Johnson Graduate School of Management, Cornell University. I will be joining Binghamton University School of Management as an Assistant Professor in Fall 2023!