Sentiment Without Structure — Differential Liquidity Response to Infrastructure vs Regulatory Events in Cryptocurrency Markets
This paper extends Farzulla (2025)’s volatility asymmetry result to market microstructure: cryptocurrency markets respond to infrastructure disruptions through both volatility and liquidity channels, while regulatory events primarily affect sentiment without triggering structural liquidity responses.
Authors
- Murad Farzulla (ORCID: https://orcid.org/0009-0002-7164-8704)
Institutions
- Foundation for Agronomic Research (US)
Publication Details
- Journal
- Zenodo (CERN European Organization for Nuclear Research)
- Published
- 2025-12-30
- DOI
- https://doi.org/10.5281/zenodo.18099609
- Primary Topic
- Blockchain Technology Applications and Security
- Type
- article
- Field-Weighted Citation Impact
- 0.00