Fig. 5From: Portfolio diversification benefits of alternative currency investment in Bitcoin and foreign exchange marketsTime varying frequency connectedness of the Bitcoin markets and foreign exchange pairs of major trading currencies. Band 3.14 to 0.79 corresponds 1 to 4Â days (Short Horizon) and band 0.79 to 0.00 corresponds 4 plus days to infinity (Long Horizon). The Y-axis depicts the volatility spillover values and the X-axis depicts the time periodBack to article page