4.3.1. Data Description

Daily BTCUSD transactions occurring on the Bitfinex exchange obtained via provided API at bitfinex.com from 1 January 2018, to 5 June 2018, including 17 independent variables, have been examined. Dependent variables can be categorized into macroeconomic variables, extracted from macrotrends.net (accessed on 2 October 2019), microeconomic, technical indicators, and Blockchain information indicators obtained from data.BTCity.org. Table 12 shows the specification for each group. Some descriptive statistics, including minimum, maximum, mean, and standard deviation, have been calculated and shown in Table A6 in the Appendix A.3 to describe or summarize the data.


