Fig. 3From: Pattern and determinants of tail-risk transmission between cryptocurrency markets: new evidence from recent crisis episodesDaily returns and tail risks (CAViaR) of the cryptocurrencies. Notes: The figure illustrates the returns and estimated 1%/5% CAViaRs of return on the six cryptocurrencies using the asymmetric slope model. The red line represents the daily returns. The blue and black lines represent VaR at 1% and 5% respectivelyBack to article page