The Effect of Christmas on the Cryptocurrency Market with a Data Science Case Study

This paper investigates the impact of the Christmas period on the prices of five cryptocurrencies Bitcoin, Ethereum, Ripple, Litecoin and Dogecoin from 2017 to 2021 By employing statistical and data science analysis, the study aims to enhance the understanding of seasonality anomalies in the cryptocurrency market The results reveal significant price fluctuations during the Christmas period, highlighting the potential for seasonal effects in digital currencies.

Authors

Publication Details

Journal
International Journal of Science and Research (IJSR)
Published
2024-08-05
DOI
https://doi.org/10.21275/sr24801163449
Primary Topic
Blockchain Technology Applications and Security
Type
article
Field-Weighted Citation Impact
0.00
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article

The Effect of Christmas on the Cryptocurrency Market with a Data Science Case Study

Kavinkrishnan Gokulakrishnan
International Journal of Science and Research (IJSR)
Blockchain Technology Applications and Security
article

The Effect of Christmas on the Cryptocurrency Market with a Data Science Case Study

Kavinkrishnan Gokulakrishnan
article en

Abstract

This paper investigates the impact of the Christmas period on the prices of five cryptocurrencies Bitcoin, Ethereum, Ripple, Litecoin and Dogecoin from 2017 to 2021 By employing statistical and data science analysis, the study aims to enhance the understanding of seasonality anomalies in the cryptocurrency market The results reveal significant price fluctuations during the Christmas period, highlighting the potential for seasonal effects in digital currencies.

International Journal of Science and Research (IJSR)Vol. 13(8)
Zero hunger
Openalex Percentile: Top 81%
Blockchain Technology Applications and Security
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The Effect of Christmas on the Cryptocurrency Market with a Data Science Case Study — Kavinkrishnan Gokulakrishnan · International Journal of Science and Research (IJSR) (2024) | TGRS Research Map | TGRS