Year: 2025
Type: article
Abstract: In this article, we study the herding behavior of two types of cryptocurrencies, called dirty and clean, based on their energy consumption levels. Empirical results reveal that herding behavior generally only exists in the dirty cryptocurrency market and is more pronounced during bear market periods, high trading volume days, and high trading days. volatility. Moreover, we observe herding behavior in the cryptocurrency market only during the period of the Covid-19 pandemic.
Authors: Akram Brahim, Mohamed Aymen Ben Moussa, Amira Feidi
Institution: Tunis El Manar University
Language: English
Subfield: Finance
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4409113852