Safe haven or risky hazard? Bitcoin during the Covid-19 bear market

•Investigate the safe haven properties of Bitcoin during the Covid-19 bear market.•Bitcoin is not found to be a safe haven.•Bitcoin decreases in price in lockstep with the S&P 500 during the bear market.•A small allocation to Bitcoin substantially increases portfolio downside risk.•Results cast...

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Veröffentlicht in:	Finance research letters 2020-07, Vol.35, p.101607-101607, Article 101607
Hauptverfasser:	Conlon, Thomas, McGee, Richard
Format:	Artikel
Sprache:	eng
Schlagworte:	Bitcoin Covid-19 Downside risk Safe haven
Online-Zugang:	Volltext
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