Cryptoverse and its Unflinching Cog of Fickleness

Abstract

: Investing in crypto currencies is highly risky and speculative because it is not backed by any economic fundamentals. This paper is an attempt to check if the volatility in cryptocurrency market is influenced by the volatile behaviour of three other markets, namely, Indian stock market, Volatility index and movement in the Oil prices. The time period of study ranges from February 28, 2017 to March 31, 2022 with daily frequency of data. A break point has also been identified to study the sub period movements. ARCH