Table 8 Co-explosivity analysis

BTC_t−1

0.109^a (0.000)

−0.016 (0.550)

0.058 (0.153)

0.008 (0.792)

0.126^a (0.000)

−0.023 (0.455)

0.208^a (0.000)

0.027 (0.279)

ETH_t−1

0.251^a (0.000)

0.043 (0.407)

0.171^a (0.000)

0.134^a (0.000)

−0.014 (0.564)

−0.036 (0.403)

-0.229^a (0.006)

0.002 (0.955)

XRP_t−1

−0.074 (0.431)

0.153^b (0.035)

−0.105 (0.377)

0.132^b (0.034)

0.060^c (0.068)

ADA_t−1

0.037 (0.380)

0.069^a (0.004)

−0.063 (0.198)

0.032 (0.236)

−0.033 (0.270)

0.030 (0.428)

0.094 (0.166)

0.078^a (0.009)

DOGE_t−1

0.064 (0.254)

0.163^a (0.000)

0.043 (0.340)

0.078 (0.119)

0.082^a (0.000)

−0.028 (0.500)

0.161^b (0.013)

0.050^b (0.034)

LTC_t−1

0.395^a (0.000)

0.044 (0.179)

0.126^a (0.002)

−0.012 (0.889)

0.114^a (0.002)

0.117^c (0.050)

0.034 (0.747)

−0.025 (0.629)

LINK_t−1

0.025 (0.637)

0.187^a (0.006)

0.125^a (0.000)

VET_t−1

−0.099^c (0.056)

−0.031 (0.365)

0.008 (0.736)

0.007 (0.847)

−0.161^a (0.005)

0.067^b (0.047)

0.025 (0.645)

0.006 (0.936)

0.010 (0.765)

XLM_t−1

−0.213 (0.348)

−0.279^a (0.006)

−0.028 (0.457)

−0.027 (0.861)

−0.193^b (0.038)

−0.031 (0.618)

THETA_t−1

0.184^a (0.000)

−0.078^b (0.045)

0.044 (0.279)

0.063^a (0.003)

−0.004 (0.814)

0.048 (0.178)

−0.003 (0.909)

0.018 (0.517)

TRX_t−1

0.073 (0.245)

−0.053 (0.237)

0.035 (0.443)

0.196^a (0.001)

0.074^a (0.005)

−0.025 (0.500)

0.103^b (0.049)

−0.023 (0.702)

0.201^b (0.031)

R-squared

0.276

0.514

0.375

0.204

0.391

0.395

0.047

0.026

0.107

0.245