Model

Variable

Coefficient

t-Stat

Prob

Bitcoin Model

lnBTC

0.173***

7.712

0.000

lnEXR

1.016

0.920

0.356

C

0.736

0.326

0.745

Ethereum Model

lnETH

0.134***

4.012

0.000

lnEXR

2.426**

1.162

0.250

C

1.799*

0.417

0.678

Ripple Model

lnRPL

0.106

0.814

0.419

lnEXR

1.335

0.171

0.865

C

0.977

0.060

0.952

CRYP Model

lnCRYP

0.659***

8.736

0.000

lnEXR

3.117***

3.258

0.002

C

−3.298

−1.667

0.100