The dynamic Inconstancy of virtual money in the Coronavirus pandemicbitcoin as a Model

Abstract

The subject of the study revolves around the dynamic fluctuation of virtual money before and during the period of the Corona virus by studying the case of Bitcoin as the dominant currency in the virtual money market, where the exchange rate and the rate of return were covered in days and this was determined during a period of 240 days divided into two stages, the first before the Corona crisis, including 120 The second day includes 120 days during the spread of the virus, and statistical tools and the R statistical programming language were used.

The results obtained were that there are values ​​and extremes that are beyond the control limits of the exchange rate and rate of return of the bitcoin currency during the Corona pandemic, but there are no fundamental differences in the bitcoin currency during the study period, and the conclusion of what was reached was to exploit the opportunity of outliers during the Corona pandemic to form a wallet Virtual Money.