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First, it enriches the existing literature on the impact of the pandemic on financial markets, specifically the Bitcoin market 18 , 31 , Moreover, the VAR analysis offers an impulse response framework to quantify the reaction of one variable to the shock from another. JW: data analysis, methodology, software, formal analysis, writing-original draft preparation, and writing-review and editing. Second, for professional Bitcoin traders, the pandemic attention proposed in this paper can be considered an effective tool for monitoring the Bitcoin market. Results Phys.
