Systemic risks in the cryptocurrency market: Evidence from the FTX collapse

Akanksha Jalan (1) , Roman Matkovskyy (2)

1 ESC [Rennes] - ESC Rennes School of Business
2 ESC Rennes School of Business

The crypto market has experienced several serious crises in recent years, the most contemporary being the collapse of Terra and then FTX. Despite common belief that these could imply the end of the crypto era, our analysis highlights no significant increases and decreases in systemic risk and liquidity, respectively.

Domaines: Economies et finances

Akanksha Jalan, Roman Matkovskyy. Systemic risks in the cryptocurrency market: Evidence from the FTX collapse. Finance Research Letters, 2023, 53, pp.103670. ⟨10.1016/j.frl.2023.103670⟩. ⟨hal-04047924⟩