Table 1.
Summary statistics based on selected cryptocurrencies.
| Cryptocurrency | Pre-COVID-19 |
COVID-19 |
Difference | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Mean | St Dev | Skew | Kurtosis | Ave Vol. | Mean | St Dev | Skew | Kurtosis | Ave Vol. | Volume | |
| Bitcoin | 0.0024 | 0.0357 | 0.5634 | 4.6856 | 23.4283 | 0.0006 | 0.0561 | −2.7666 | 21.9903 | 24.2806 | 0.8523 |
| Altcoin | |||||||||||
| Ethereum | 0.0007 | 0.0411 | −0.1216 | 3.2761 | 22.5844 | 0.0031 | 0.0698 | −2.2150 | 15.6551 | 23.3969 | 0.8125 |
| XRP | −0.0011 | 0.0371 | 0.9599 | 7.8010 | 20.8423 | 0.0008 | 0.0585 | −1.6758 | 10.9633 | 21.5388 | 0.6965 |
| Bitcoin Cash | 0.0020 | 0.0535 | 1.5498 | 13.3539 | 20.8157 | 0.0044 | 0.0827 | −0.7032 | 9.7906 | 22.1026 | 1.2869 |
| Bitcoin SV | 0.0023 | 0.0710 | 4.3336 | 38.6394 | 19.2832 | 0.0170 | 0.1803 | 5.3568 | 42.1161 | 21.5139 | 2.2307 |
| Litecoin | 0.0019 | 0.0487 | 1.1656 | 6.7894 | 21.6082 | 0.0020 | 0.0684 | −1.2232 | 9.1761 | 22.1765 | 0.5684 |
| Binance Coin | 0.0032 | 0.0434 | 0.3963 | 2.2173 | 19.0602 | 0.0018 | 0.0688 | −2.2937 | 15.4726 | 19.5627 | 0.5025 |
| EOS | 0.0012 | 0.0500 | 0.1791 | 3.8709 | 21.2792 | 0.0011 | 0.0708 | −1.6174 | 11.3908 | 21.9407 | 0.6615 |
| Tezos | 0.0045 | 0.0580 | 1.0550 | 3.3110 | 15.9336 | 0.0061 | 0.0857 | −1.1852 | 9.3294 | 18.4625 | 2.5289 |
| Stellar | −0.0017 | 0.0430 | 1.4005 | 8.8276 | 19.1294 | 0.0008 | 0.0603 | −1.5513 | 10.8128 | 19.7564 | 0.6270 |
| Ethereum Classic | 0.0006 | 0.0437 | 0.4645 | 7.3354 | 19.8981 | 0.0046 | 0.0818 | −0.9927 | 6.6762 | 21.3133 | 1.4152 |
| IOTA | −0.0015 | 0.0401 | 0.2202 | 2.1658 | 16.2168 | 0.0034 | 0.0839 | −0.5120 | 10.2276 | 16.3407 | 0.1240 |
| NEM | −0.0009 | 0.0480 | 1.0983 | 6.4801 | 16.8625 | 0.0036 | 0.0656 | −0.1553 | 4.3203 | 16.8700 | 0.0074 |
| Exchange Token | |||||||||||
| Chainlink | 0.0072 | 0.0696 | 2.6560 | 18.2166 | 17.3942 | 0.0064 | 0.0794 | −2.0076 | 12.8112 | 19.2956 | 1.9014 |
| Tron | 0.0002 | 0.0494 | 0.1904 | 2.1723 | 20.0673 | 0.0012 | 0.0690 | −2.0862 | 13.2539 | 21.0209 | 0.9536 |
| Huobi Token | 0.0034 | 0.0413 | 0.7286 | 4.1239 | 17.9011 | 0.0043 | 0.0636 | −2.0269 | 17.4935 | 19.2869 | 1.3858 |
| Neo | 0.0017 | 0.0513 | 0.8448 | 4.7746 | 19.5449 | −0.0004 | 0.0646 | −1.9709 | 11.7415 | 20.2097 | 0.6648 |
| Maker | 0.0009 | 0.0457 | 0.1786 | 1.4995 | 14.9239 | −0.0001 | 0.0856 | −2.3847 | 21.3302 | 15.4631 | 0.5393 |
| Ontology | 0.0012 | 0.0578 | 1.7372 | 13.8319 | 18.1536 | −0.0007 | 0.0699 | −3.0518 | 19.2449 | 18.5340 | 0.3804 |
| Privacy Coin | |||||||||||
| Monero | 0.0008 | 0.0420 | 0.1433 | 2.3420 | 18.2883 | 0.0033 | 0.0670 | −2.0714 | 12.3918 | 18.4762 | 0.1879 |
| Dash | −0.0010 | 0.0391 | 0.0748 | 4.4173 | 19.3382 | 0.0096 | 0.0977 | 1.2501 | 9.0970 | 20.4414 | 1.1032 |
| Zcash | −0.0012 | 0.0410 | 0.0928 | 2.4810 | 19.1355 | 0.0042 | 0.0749 | −0.5223 | 5.4600 | 19.6819 | 0.5464 |
Note: For brevity, some additional results have been omitted from the above table and are available from the authors on request.