Forecasting Cryptocurrency Market Movements Based on Bitcoin, Ethereum, and Ripple Returns

Abstract

Cryptocurrency has transformed from a niche interest to a significant investment domain, attracting diverse investors globally. However, the cryptocurrency market is marked by extreme price volatility and risk, particularly for major digital currencies like Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP). This analysis dives deeply into the historical behavior of these cryptocurrencies, examining their volatility, returns, interdependencies, and potential predictability using advancedmodeling approaches.