The Effect of Vaccination and Investor Sentiment on the Crypto-Currency Market
摘要
In this paper, we explore the impact of vaccination and investor sentiment on the cryptocurrency market, focusing on Bitcoin and Ethereum. We synthesize empirical studies on the influence of vaccination on financial markets and examine the unique relationship between vaccination efforts and the evolving dynamics of digital assets. Our study highlights the novelty of this subject by dedicating a section to the specific impact of vaccination on the cryptocurrency market. The findings reveal a positive influence of vaccination on global financial markets, contributing to increased stability and economic recovery. This positive effect extends to international markets, including cryptocurrencies, where vaccination plays a key role in mitigating risks and boosting investor interest in digital assets. The dual role of vaccination in stabilizing traditional financial markets and enhancing the appeal of cryptocurrencies underscores its broad and multifaceted impact on the global economy.