EXPLORING THE INTERPLAY OF SKEWNESS AND KURTOSIS: DYNAMICS IN CRYPTOCURRENCY MARKETS AMID THE COVID-19 PANDEMIC
Abstract
In this paper, we examine how skewness interacts with kurtosis within the cryptocurrency market. We show that during the COVID-19 pandemic, there are more clusters of observations around the two flanks, highlighting the presence of a volatile behavior. Moreover, we document the evolution of the interrelationship as the pandemic progresses, identifying the domination of the extremes. Our findings advance the thinking that by exploiting the interrelationship between the two higher moments of cryptocurrencies, investors and researchers can have in their arsenal an additional analytic tool.
Fields of Study & Subjects
Blockchain Technology Applications and Security
COVID-19 Pandemic Impacts
Financial Markets and Investment Strategies
Publication details
- Journal / source
- International Journal of Theoretical and Applied Finance
- Publisher
- World Scientific Pub Co Pte Ltd
- Volume
- 29
- Issue
- 03
- Publication date
- 7 April 2026
- Language
- EN