Multidisciplinary Journal of Science and Technology

THE CRYPTOCURRENCY MARKET AS REFLECTED BY INDIVIDUAL US INDUSTRY STOCK INDICES AS A FACTOR IN THE DEVELOPMENT OF SMALL AND MEDIUM-SIZED ENTERPRISES

Tetiana Silichova

Department of Mathematical Methods in Economics, V.N. Karazin Kharkiv National University, Ukrainе

Vladislav Volkodav

Department of Business, Trade and Logistics, National Technical University «Kharkiv Polytechnic Institute», Ukraine

Vyacheslav Lyashenko

Department of Media Systems and Technology, Kharkiv National University of Radio Electronics, Ukraine

Keywords: Cryptocurrency, Stock indices, Stock market, Small and medium enterprises, Comparative analysis, Dynamics

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Abstract

Economic development presupposes a stable connection between various sectors of the economy and individual business entities. Such a connection is possible using stock market instruments. Currently, among the stock market instruments, cryptocurrency and stock indices are distinguished. The dynamics of the corresponding quotes helps to understand the development of the market, the time of favorable entry into the market and much more. Based on this, the work examines the dynamics of individual components of the cryptocurrency market and stock indices. The results obtained are confirmed by graphs and diagrams.

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