2024/09/05 by Asim Kumar Ghosh, Ghosh, Asim, Soumyajyoti Biswas +3
Computer Science · Economics, Econometrics and Finance · #Blockchain Technology Applications and Security #Complex Systems and Time Series Analysis #Computational Finance (q-fin.CP) #FOS: Economics and business #FOS: Physical sciences #Physics and Society (physics.soc-ph)
paper · pdf · doi:10.48550/arxiv.2409.03676
openalex publication_date 2024/09/05 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28
We study the fluctuations, particularly the inequality of fluctuations, in cryptocurrency prices over the last ten years. We calculate the inequality in the price fluctuations through different measures, such as the Gini and Kolkata indices, and also the Q factor (given by the ratio between the highest value and the average value) of these fluctuations. We compare the results with the equivalent quantities in some of the more prominent national currencies and see that while the fluctuations (or inequalities in such fluctuations) for cryptocurrencies were initially significantly higher than national currencies, over time the fluctuation levels of cryptocurrencies tend towards the levels characteristic of national currencies. We also compare similar quantities for a few prominent stock prices.