Dynamic Connectedness of Major Digital Currencies: A Time-Varying Approach

Table 1

Description of our data (this table describes the main characteristics of the data we collected).

	BTC	ETH	BNB	XRP
Mean	0.000674	0.000755	0.002261	−0.000769
Median	0.001220	0.001305	0.001009	−0.001017
Maximum	0.172248	0.230725	0.528936	0.444883
Minimum	−0.465006	−0.550066	−0.543173	−0.549427
Std. dev.	0.040060	0.051869	0.060278	0.062139
Skewness	−1.102441	−1.079038	0.324479	−0.076262
Kurtosis	16.88042	13.64156	18.78201	15.45880