Table 14 Averaged SJV connectedness table-Robustness check

BTC

40.26 (33.89)

[4.71] {1.66}

6.21 (4.95)

[0.79] {0.47}

9.39 (7.86)

[1.13] {0.40}

22.40 (19.17)

[2.39] {0.84}

15.64 (13.48)

[1.62] {0.55}

6.10 (4.91)

[0.77] {0.43}

59.74 (50.36)

[6.69] {2.69}

Dash

6.90 (5.72)

[0.89] {0.29}

64.85 (52.05)

[9.30] {3.50}

10.98 (9.04)

[1.44] {0.50}

6.99 (5.75)

[0.93] {0.30}

7.11 (5.77)

[1.00] {0.35}

3.17 (2.24)

[0.60] {0.33}

35.15 (28.51)

[4.86] {1.78}

EOS

10.54 (8.78)

[1.31] {0.45}

9.57 (7.58)

[1.29] {0.69}

45.70 (37.97)

[5.72] {2.01}

12.23 (10.24)

[1.47] {0.52}

13.91 (11.47)

[1.79] {0.64}

8.04 (5.48)

[1.70] {0.86}

54.30 (43.56)

[7.57] {3.17}

ETH

21.48 (17.96)

[2.62] {0.90}

5.62 (4.28)

[0.83] {0.52}

10.14 (8.34)

[1.32] {0.49}

39.72 (33.39)

[4.70] {1.63}

17.43 (14.39)

[2.25] {0.79}

5.61 (4.09)

[1.00] {0.52}

60.28 (49.05)

[8.01] {3.22}

LTC

15.46 (12.78)

[1.99] {0.69}

6.78 (5.22)

[0.97] {0.59}

13.23 (10.61)

[1.92] {0.70}

18.93 (15.64)

[2.42] {0.87}

39.86 (32.49)

[5.43] {1.94}

5.74 (3.89)

[1.20] {0.65}

60.14 (48.14)

[8.50] {3.50}

BAT

7.43 (6.15)

[0.94] {0.34}

3.91 (2.57)

[0.76] {0.58}

8.39 (6.44)

[1.40] {0.54}

7.39 (5.95)

[1.04] {0.39}

3.99 (3.11)

[0.63] {0.25}

68.89 (50.97)

[12.88] {5.04}

31.11 (24.23)

[4.78] {2.10}

TO

61.82 (51.39)

[7.74] {2.68}

32.09 (24.60)

[4.64] {2.85}

52.14 (42.29)

[7.21] {2.64}

67.93 (56.75)

[8.26] {2.92}

58.08 (48.22)

[7.29] {2.58}

28.66 (20.60)

[5.26] {2.79}

TCI

NET

2.07 (1.03)

[1.05] {− 0.01}

− 3.06 (− 3.91)

[− 0.23] {1.08}

− 2.16 (− 1.27)

[− 0.36] {− 0.53}

7.65 (7.70)

[0.25] {− 0.30}

− 2.06 (0.08)

[− 1.21] {− 0.92}

− 2.45 (− 3.63)

[0.49] {0.69}

50.12 (40.64)

[6.73] {2.74}