Table III Estimates of the influence of...

Table III

Estimates of the influence of EPU on Bitcoin and gold volatility (Eqn 2) with the simple linear regression model for the period 19 July 2010–11 April 2019

Coefficients	$V_{1,Bit}$				$V_{1,Gold}$
Coefficients	Estimate	Standard error	t value	Pr (>\| t \|)	Estimate	Standard error	t value	Pr (>\| t \|)
(Intercept)	0.05851	0.00358	16.360	<0.0001***	0.01209	0.00034	35.980	<0.0001***
EPU	0.00012	0.00003	4.194	<0.0001***	0.00002	0.00001	5.555	<0.0001***

Coefficients	$V_{1,Bit}$				$V_{1,Gold}$
Coefficients	Estimate	Standard error	t value	Pr (>\| t \|)	Estimate	Standard error	t value	Pr (>\| t \|)
(Intercept)	0.05851	0.00358	16.360	<0.0001***	0.01209	0.00034	35.980	<0.0001***
EPU	0.00012	0.00003	4.194	<0.0001***	0.00002	0.00001	5.555	<0.0001***

Note(s): ***, ** and * indicates the significance at 1%, 5% and 10% levels, respectively

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