EPM Model Dataset for Bitcoin Pricing
Description
This dataset supports the Equilibrium Pricing Model (EPM) for Bitcoin, as described in "What Determines The Price Of Bitcoin? The Bitcoin Equilibrium Pricing Model" (https://ssrn.com/abstract=5363189). It includes monthly M2 data for top 29 economies, daily Bitcoin OHLCV and market cap data, aggregated Bitcoin block statistics, and processed monthly data for the EPM model. Suitable for research in Economics, Finance, Cryptocurrency, Blockchain, and Data Science.
Files
Steps to reproduce
Monthly M2 data for the top 29 economies (global_m2.csv) were sourced from https://tradingeconomics.com, converted to USD using monthly closing exchange rates from the same website. Daily Bitcoin OHLCV and market cap data (BTC_ohlcvm_daily.csv) were obtained from https://coinmarketcap.com/currencies/bitcoin/historical-data/. Bitcoin block statistics (BTC_blk_stats.csv) were extracted from JSON data at https://bitcoinexplorer.org, with 'difficulty' from the "Block Summary" tag and other variables from the "Block Stats" tag. The EPM model monthly data (BTC_epm_data_monthly.csv) were processed by aggregating monthly data, computing production metrics (dS, dS_raw), and calculating scarcity values (logSC), as described in Section 4 of the paper (https://ssrn.com/abstract=5363189). Data processing was performed using Python. For detailed methods, see paper Sections 2 and 4.