TYM Causality direction BTC
“Growth of COVID-19 confirmed cases does not Granger cause Bitcoin return” CC→ BTCR 11.003**(0.051)
“Bitcoin return does not Granger cause growth of COVID-19 Confirmed cases” BTCR → CC 6.860(0.231)
“Growth of COVID-19 death does not Granger cause Bitcoin return” CD → BTCR 9.235 (0.101)
“Bitcoin Return does not Granger cause growth of COVID-19 death” BTCR → CD 5.278 (0.382)