2018-8-13 23:00 |
Could it be possible that a rise in the trend of Bitcoin related search terms, could be helping change the price of Bitcoin? Bear with me because this isn’t suggesting Google searches have a direct manipulative impact on the value of the markets, but new research does show that Google Search trends could be used to help investors predict what might happen next.
A study called ‘Risks and Returns of Cryptocurrency’ by Yale University Economists Yukun Lin and Aleh Tsyvinski has found a correlation between Google trends and the value of various cryptocurrencies.
Continue reading Is Google Influencing The Price Of Bitcoin? at Crypto Daily™.
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