مجلة المنهل الاقتصادي
Volume 7, Numéro 2, Pages 1187-1196
2024-12-15
Measuring The Impact Of Cryptocurrency Prices On Switzerland's Money Supply
Authors : Bessouyah Mouna . Mimouni Yassine .
Abstract
Abstract: This study relies on examining the impact of cryptocurrencies on Swiss monetary policy from 2009 to 2023 by relying on Bitcoin price changes as an interpreted independent variable of the subordinate money supply variable (M2) using the VAR self-declining vector model. Based on the findings, a statistically proven moral effect of the money supply was found on short-term bitcoin price changes and through causation testing we obtained a two-way relationship between the two variables.
Keywords
Keywords: Bitcoin, central bank, cryptocurrency, cash offer.
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