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What is Social Media about?

This paper investigates retail investor co-attention and price co-explosivity across equity and cryptocurrency markets. Using hourly data from 2023 to 2024, we find that NVIDIA, Bitcoin, and Ethereum, experienced simultaneous episodes of price co-explosivity and retail attention spikes on social media platforms such as Reddit’s WallStreetBets. These findings indicate that price co- bubbles across markets are not isolated anomalies but recurring patterns driven by retail behavior shaped and ampli

Author

souza.ca12

Language

EN