Yale Research Proposes Factors for Crypto Price Prediction Bitcoin

Yale University financial experts have suggested a system of factors to predict price trends in major cryptocurrencies, according to an official statement by YaleNews Aug. 6.

The new study was conducted by Yale economist Aleh Tsyvinski and Yukun Liu, a Ph.D. candidate in the Department of Economics, and is reportedly the “first-ever comprehensive economic analysis of cryptocurrency and the blockchain technology.”

In the paper, the authors intend to provide a “risk-return tradeoff” of major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP), according to its historical performance data.

The experts reportedly analyzed the behavior of Bitcoin between 2011 and 2018, while Ripple and Ethereum data was tracked since their inceptions in 2012 and 2015, respectively.

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