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Fig. 10 | Financial Innovation

Fig. 10

From: Heterogeneity in the volatility spillover of cryptocurrencies and exchanges

Fig. 10

The frequency decomposition of exchange volatility connectedness network for 6 coins based on Baruník and Křehlík (2018). Notes: This figure shows the exchange volatility connectedness network for 6 coins in the frequency domain. The red node in a network denotes the net emitter, the green node in a network denotes the net receiver. The size of the node represents the magnitude of a net emitter to other exchanges, or a net receiver from the others. The thickness of the directional arrows denotes the magnitude of the net pairwise directional volatility connectedness

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