- How about the impacts of unemployment rates on price of Bitcoin and gold?
- How about the impacts of pandemic on unemployment rates (in USA)?
There are delayed (lag) effects on the pandemic and the unemployment rates. When the unemployment rates skyrocketted, bitcoin already rallied in V-shape. The announcement of the pandemic was made by WHO on 12 March 2020.
- BTC: daily close price
- Gold: daily close price
- USA. Unemployment rates: monthly data
Sources
https://coinmarketcap.com/currencies/bitcoin/
https://www.gold.org/goldhub
https://www.bls.gov/charts/employment-situation/civilian-unemployment-rate.htm#
https://www.euro.who.int/en/health-topics/health-emergencies/coronavirus-covid-19/news/news/2020/3/who-announces-covid-19-outbreak-a-pandemic