Overview

Original Research

A STUDY ON PRICE MOVEMENT OF BITCOIN AND BITCOIN GOLD IN INDIA

Dr. Y.SUNEETHA 1, Dr. G.LATHA 2, and J.RAJYALAKSHMI 3.

Vol 17, No 11 ( 2022 )   |  DOI: 10.5281/zenodo.7336433   |   Author Affiliation: Assistant professor, Department of Business Management, SPMVV, Tirupati 1,2; Academic Consultant, School of Engineering, SPMVV, Tirupati 3.   |   Licensing: CC 4.0   |   Pg no: 819-825   |   To cite: Dr. Y.SUNEETHA, et al., (2022). A STUDY ON PRICE MOVEMENT OF BITCOIN AND BITCOIN GOLD IN INDIA. 17(11), 819–825. https://doi.org/10.5281/zenodo.7336433   |   Published on: 18-11-2022

Abstract

Due to the fast development in the Information Technology, many aspects in our life have become online which are flexible and more effective. A new concept like digital currency was created a new business phenomenon in this digital platform to permit the financial aspects like buying and selling. The adoption of virtual currency has become widespread in many trading systems in recent years. As per norms this kind of Digital money is not fully controlled and restrained, majority of the countries have not acknowledged this virtual currency in their commercial activities. The present study was considered price movement of BITCOIN INDIA and BITCOIN GOLD and try to identify the movement of prices. Correlation and T Test were conducted to identify the correlation of price movement among them. The paper studies the regularities of Bitcoin India and Bitcoin Gold and their future in India.

Keywords

BITCOIN, BITCOIN GOLD, Digital Platform, Virtual currency etc..,