{"id":8161,"date":"2023-09-11T07:13:09","date_gmt":"2023-09-10T23:13:09","guid":{"rendered":"https:\/\/www.ukm.my\/jem\/?post_type=article&#038;p=8161"},"modified":"2024-02-02T18:21:15","modified_gmt":"2024-02-02T10:21:15","slug":"impact-of-twitter-and-google-searches-on-bitcoin-rate-of-return","status":"publish","type":"article","link":"https:\/\/www.ukm.my\/jem\/article\/impact-of-twitter-and-google-searches-on-bitcoin-rate-of-return\/","title":{"rendered":"Impact of Twitter and Google Searches on Bitcoin Rate of Return"},"content":{"rendered":"<p><em>This paper investigates the importance of user emotions in social media Twitter and Google searches on the Bitcoin rate of return. The analysis is based on daily data frequency from 17 August 2021 until 17 December 2021 and the study adopted the V<\/em><em>ector autoregression (Var)<\/em><em> method for analysis. Findings on the impulse response function revealed that disgust emotion and Google trend YouTube search influenced Bitcoin return. In addition, these results are also supported by the variance decomposition test which is a Google trend, YouTube search and disgust emotion variables that explain most of the forecast error variance decomposition for Bitcoin return. This study shed some light for policymakers concerning the implication of user emotions from Twitter on the Bitcoin rate of return. Finally, this study provides a highlight to investors the importance of Google searches in Bitcoin return and in building a profitable investment portfolio<\/em>.<\/p>\n","protected":false},"template":"","tags":[1650,1652,1653,1651,1655,1654],"jel-code":[1562,1656,1579,84,85,1657],"article-type":[1329],"class_list":["entry","author-asriwn","post-8161","article","type-article","status-publish","tag-bitcoin","tag-emotions-analysis","tag-google-searches","tag-return","tag-social-media","tag-twitter","jel-code-e70","jel-code-e71","jel-code-g11","jel-code-g14","jel-code-g15","jel-code-g41","article-type-normal-article"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Impact of Twitter and Google Searches on Bitcoin Rate of Return | Jurnal Ekonomi Malaysia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ukm.my\/jem\/article\/impact-of-twitter-and-google-searches-on-bitcoin-rate-of-return\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Impact of Twitter and Google Searches on Bitcoin Rate of Return | Jurnal Ekonomi Malaysia\" \/>\n<meta property=\"og:description\" content=\"This paper investigates the importance of user emotions in social media Twitter and Google searches on the Bitcoin rate of return. The analysis is based on daily data frequency from 17 August 2021 until 17 December 2021 and the study adopted the Vector autoregression (Var) method for analysis. Findings onContinue Reading\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ukm.my\/jem\/article\/impact-of-twitter-and-google-searches-on-bitcoin-rate-of-return\/\" \/>\n<meta property=\"og:site_name\" content=\"Jurnal Ekonomi Malaysia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Jurnal-Ekonomi-Malaysia-JEM-104142808087485\" \/>\n<meta property=\"article:modified_time\" content=\"2024-02-02T10:21:15+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@EkonomiJurnal\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/impact-of-twitter-and-google-searches-on-bitcoin-rate-of-return\\\/\",\"url\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/impact-of-twitter-and-google-searches-on-bitcoin-rate-of-return\\\/\",\"name\":\"Impact of Twitter and Google Searches on Bitcoin Rate of Return | Jurnal Ekonomi Malaysia\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#website\"},\"datePublished\":\"2023-09-10T23:13:09+00:00\",\"dateModified\":\"2024-02-02T10:21:15+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/impact-of-twitter-and-google-searches-on-bitcoin-rate-of-return\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/impact-of-twitter-and-google-searches-on-bitcoin-rate-of-return\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/impact-of-twitter-and-google-searches-on-bitcoin-rate-of-return\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Articles\",\"item\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/article\\\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Impact of Twitter and Google Searches on Bitcoin Rate of Return\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#website\",\"url\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/\",\"name\":\"Jurnal Ekonomi Malaysia\",\"description\":\"Universiti Kebangsaan Malaysia\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#organization\",\"name\":\"Jurnal Ekonomi Malaysia\",\"url\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/cropped-browser-icon-letter-1.png\",\"contentUrl\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/wp-content\\\/uploads\\\/2021\\\/05\\\/cropped-browser-icon-letter-1.png\",\"width\":512,\"height\":308,\"caption\":\"Jurnal Ekonomi Malaysia\"},\"image\":{\"@id\":\"https:\\\/\\\/www.ukm.my\\\/jem\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/Jurnal-Ekonomi-Malaysia-JEM-104142808087485\",\"https:\\\/\\\/x.com\\\/EkonomiJurnal\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Impact of Twitter and Google Searches on Bitcoin Rate of Return | Jurnal Ekonomi Malaysia","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.ukm.my\/jem\/article\/impact-of-twitter-and-google-searches-on-bitcoin-rate-of-return\/","og_locale":"en_US","og_type":"article","og_title":"Impact of Twitter and Google Searches on Bitcoin Rate of Return | Jurnal Ekonomi Malaysia","og_description":"This paper investigates the importance of user emotions in social media Twitter and Google searches on the Bitcoin rate of return. 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