This study aimed to investigate the interactions between Bitcoin to euro, gold, and STOXX50 during the period of COVID-19. First, a bibliometric analysis based on the R package was applied to highlight the research trends in the field during the period of the COVID-19 pandemic. While investigating the effects of the pandemic on Bitcoin, the number of cases of COVID-19 was used as a proxy. Using daily data for the period 1 March 2020 to 3 March 2020 and based on a vector autoregressive model, impulse response, and variance decomposition were utilized to analyze the dynamic relationships among the variables. The results revealed that the COVID-19 cases and gold hurt the exchange rate of Bitcoin to euro, while there was great volatility regarding the response of Bitcoin to a shock of STOXX50. The Granger causality test was constructed to investigate the relationships among the variables. The results show the presence of unidirectional causality running from new cases to STOXX50 and from STOXX50 to gold. This study contributes to the existing scholarly research into the dynamic relationships that appeared among Bitcoin, gold, and STOXX50 in a period of great uncertainty. Finally, the findings have significant implications for investors, who are interested in diversifying their portfolios.
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Army Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R ChinaArmy Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R China
Zhao, Xingwang
Wu, Haohao
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Army Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R ChinaArmy Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R China
Wu, Haohao
Li, Shifei
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Army Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R ChinaArmy Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R China
Li, Shifei
Gao, Cuie
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Army Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R ChinaArmy Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R China
Gao, Cuie
Wang, Juan
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Army Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R ChinaArmy Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R China
Wang, Juan
Ge, Lan
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Army Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R ChinaArmy Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R China
Ge, Lan
Song, Zhiqiang
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Army Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R China
Army Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Oncol, 30 Gaotan Yanzheng St, Chongqing 400038, Peoples R ChinaArmy Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R China
Song, Zhiqiang
Ni, Bing
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Army Med Univ, Mil Med Univ 3, Coll High Altitude Mil Med, Dept Pathophysiol, Chongqing 400038, Peoples R China
Army Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Oncol, 30 Gaotan Yanzheng St, Chongqing 400038, Peoples R ChinaArmy Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R China
Ni, Bing
You, Yi
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Army Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R China
Army Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Oncol, 30 Gaotan Yanzheng St, Chongqing 400038, Peoples R ChinaArmy Med Univ, Mil Med Univ 3, Southwest Hosp, Dept Dermatol, Chongqing, Peoples R China
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Stellenbosch Univ, Div Surg, Fac Med & Hlth Sci, Stellenbosch, South Africa
Tygerberg Acad Hosp, Cape Town, South Africa
Netcare Christiaan Barnard Mem Hosp, Renal Transplant Ctr, Cape Town, South AfricaStellenbosch Univ, Div Surg, Fac Med & Hlth Sci, Stellenbosch, South Africa
Steyn, E.
Al-Benna, S.
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Tygerberg Acad Hosp, Cape Town, South Africa
Stellenbosch Univ, Fac Med & Hlth Sci, Div Plast & Reconstruct Surg, Stellenbosch, South AfricaStellenbosch Univ, Div Surg, Fac Med & Hlth Sci, Stellenbosch, South Africa