dc.description.abstract | In recent times economists have tried to understand the cryptocurrency market in more detail.
The cryptocurrency market has gathered widespread interest not only due to the financial gains
made by several people but also due to blockchain technology. There have been several
scientific studies conducted to understand the cryptocurrency market and this thesis aims to
provide its readers with additional information. This thesis will cover a well-known economic
phenomenon called seasonality. In particular, the seasonality effect within the cryptocurrency
market through various economic methods to see whether there is any effect or not. The
seasonality effects tested for are the Halloween effect, the January effect, the Monday effect,
the Turn-of-the-month effect and the Weekend effect. The results show evidence of the Turn of-the-month effect and no evidence for the other effects. | |