From: On the role of stablecoins in cryptoasset pricing dynamics
Hypothesis (\(H_0\)) | Short-term | Long-term | ||
---|---|---|---|---|
(df = 340) | (df = [3, 1355]) | |||
t-stat | p value | F-stat | p value | |
Bitcoin does not G-cause stablecoins | − 0.0642 | 0.2753 | 2.7373 | 0.0434 |
Altcoins do not G-cause stablecoins | 0.0240 | 0.6907 | 1.4331 | 0.2328 |
Stablecoins do not G-cause Bitcoin | − 0.1694 | 0.0006 | 3.6654 | 0.0126 |
Altcoins do not G-cause Bitcoin | − 0.1851 | 0.0012 | 2.5493 | 0.0556 |
Stablecoins do not G-cause altcoins | − 0.1560 | 0.0016 | 2.9457 | 0.0329 |
Bitcoin does not G-cause altcoins | − 0.0407 | 0.4634 | 1.0314 | 0.3787 |