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Fig. 9 | Financial Innovation

Fig. 9

From: Heterogeneity in the volatility spillover of cryptocurrencies and exchanges

Fig. 9

The frequency decomposition of cryptocurrency volatility connectedness network for 4 exchanges based on Baruník and Křehlík (2018). Notes: This figure shows the cryptocurrency volatility connectedness network for 4 exchanges 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 cryptocurrencies, 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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