id author title date pages extension mime words sentences flesch summary cache txt cord-341684-buj8u63b Corbet, Shaen Any port in a storm: Cryptocurrency safe-havens during the COVID-19 pandemic 2020-07-07 .txt text/plain 1349 73 46 Controlling for the polarity and subjectivity of social media data based on the development of the COVID-19 outbreak, we analyse the relationships between the largest cryptocurrencies and such time-varying realisation as to the scale of the economic shock centralised within the rapidly-escalating pandemic. We find evidence of significant growth in both returns and volumes traded, indicating that large cryptocurrencies acted as a store of value during this period of exceptional financial market stress. Such techniques allow for analysis not only of sentiment based on the severity of the COVID-19 pandemic, but also as to interlinkages between such sentiment and cryptocurrencies as a safe-haven asset in such time of extreme financial market panic. When considering the role of negative sentiment relating to the outbreak and development of the COVID-19 pandemic, our results suggest that there developed significant and pronounced timevarying price-volatility effects as investors identified both the severity and nature of the pandemic's growth trajectory and potential economic repercussions. ./cache/cord-341684-buj8u63b.txt ./txt/cord-341684-buj8u63b.txt