Open Journal of Business and Management

Volume 11, Issue 6 (November 2023)

ISSN Print: 2329-3284   ISSN Online: 2329-3292

Google-based Impact Factor: 1.13  Citations  

The Drivers of Economic Bubbles in Cryptocurrencies That Affect Its Long-Term Sustainability

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DOI: 10.4236/ojbm.2023.116167    66 Downloads   441 Views  
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ABSTRACT

Cryptocurrencies have emerged as a viable alternative to traditional financial systems. However, the rapid rise of cryptocurrencies has led to concerns and debates about the sustainable characteristics of risky investments like cryptocurrencies. This research explores the drivers of economic bubbles in the cryptocurrency market, potentially affecting their long-term sustainability and implications. In the quantitative analysis, this research employs time series analysis to analyze data and identify patterns of historical cryptocurrency prices and trading volume to explore the relationship between bubble indicators and sustainability factors. The qualitative analysis reveals that most investors rely on social media, newspapers, and other trusted businesses to gather information about the cryptocurrencies they intend to invest in.

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Brode, M. (2023) The Drivers of Economic Bubbles in Cryptocurrencies That Affect Its Long-Term Sustainability. Open Journal of Business and Management, 11, 3048-3065. doi: 10.4236/ojbm.2023.116167.

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