Are There Any Relationship Between Tech Firm's Stock Prices and Cryptocurrency's Values?: A Pre and Post Pandemic Period Analysis

Abstract

This study was conducted to investigate the relationship between the stock prices of technology companies traded on the Nasdaq stock exchange and the values of cryptocurrencies in different periods. Regression and correlation analysis were used in the study. According to the study findings; It is possible to say that there is a positive and strong relationship between technology company stock prices and the values of cryptocurrencies during and after the COVID-19 period. However, no significant relationship was found before the COVID-19. It is evaluated that this situation can be explained by the first liquidity abundance applied in the COVID-19 and post-COVID-19 period and the FED policies towards inflationary pressures experienced at the global level afterwards.