ATTENTION/WARNING - NE PAS DÉPOSER ICI/DO NOT SUBMIT HERE

Ceci est la version de TEST de DIAL.mem. Veuillez ne pas soumettre votre mémoire sur ce site mais bien à l'URL suivante: 'https://thesis.dial.uclouvain.be'.
This is the TEST version of DIAL.mem. Please use the following URL to submit your master thesis: 'https://thesis.dial.uclouvain.be'.
 

L'influence des cryptomonnaies sur le marché financier.

Milic, Marko
(2024)

Files

Milic_75012100_2024.pdf
  • Closed access
  • Adobe PDF
  • 1.75 MB

Details

Supervisors
Candelon, Bertrand
Faculty
Louvain School of Management
Degree label
Master [120] en sciences de gestion, à finalité spécialisée
Abstract
This thesis explores the impact of cryptocurrencies, with a particular focus on Bitcoin, on traditional financial markets. Bitcoin was created in response to the 2008 financial crisis as an alternative to fiat currencies. It has since gained traction as a substitute currency and has also positioned itself as a competitor to traditional financial markets and gold. The thesis is divided into three parts. The first part provides an overview of the history and development of traditional financial markets. The second part examines the main cryptocurrencies and the underlying technologies. The third part presents an econometric analysis of the relationship between Bitcoin and the S&P 500 stock index. The results of the study suggest that Bitcoin has a significant impact on traditional financial markets. The thesis concludes that cryptocurrencies, and Bitcoin in particular, are not a passing fad, but a disruptive and potentially permanent force in the global financial landscape.