What Causes the Attention of Bitcoin?
12 Pages Posted: 10 Jan 2018
Date Written: January 5, 2018
Bitcoin has received enormous attention both by the media and investors alike. But why has Bitcoin received such attention? This paper answers this question by examining the relationship between investor attention and Bitcoin fundamentals and finds that realized volatility and volume are both significant drivers of next day attention of Bitcoin.
Keywords: Investor Attention, Bitcoin, Google Search Volume Index, Realized Volatility
JEL Classification: G12
Suggested Citation: Suggested Citation