eprintid: 138643
rev_number: 17
eprint_status: archive
userid: 218305
dir: disk0/00/13/86/43
datestamp: 2025-09-15 01:02:52
lastmod: 2025-09-15 01:02:52
status_changed: 2025-09-15 01:02:52
type: thesis
metadata_visibility: show
creators_name: Muflih Ammar, -
creators_name: Maya Sari, -
creators_name: Netti Siska Nurhayati, -
creators_nim: NIM2102792
creators_nim: NIDN0005077103
creators_nim: NIDN0009107903
creators_id: muflihammar@upi.edu
creators_id: mayasari@upi.edu
creators_id: nettinurhayati@upi.edu
contributors_type: http://www.loc.gov/loc.terms/relators/AUT
contributors_type: http://www.loc.gov/loc.terms/relators/AUT
contributors_name: Maya Sari, -
contributors_name: Netti Siska Nurhayati, -
contributors_nidn: NIDN0005077103
contributors_nidn: NIDN0009107903
contributors_id: mayasari@upi.edu
contributors_id: nettinurhayati@upi.edu
title: PENGARUH FAKTOR-FAKTOR MAKROEKONOMI TERHADAP HARGA CRYPTOCURRENCY: Analisis Multi-Koin 2016-2024
ispublished: pub
subjects: HD28
subjects: HG
divisions: Man
full_text_status: restricted
keywords: Arbitrage Pricing Theory; Makroekonomi; Inflasi; Suku Bunga; Cryptocurrency

Arbitrage Pricing Theory; Macroeconomic; Inflation; Interest Rate; Cryptocurrency
note: https://scholar.google.com/citations?view_op=view_citation&hl=en&user=VdFGxJMAAAAJ&authuser=3&citation_for_view=VdFGxJMAAAAJ:u5HHmVD_uO8C

ID SINTA Dosen Pembimbing
Maya Sari: 5984857
Netti Siska Nurhayati: 5994146

Karya ini adalah tugas akhir setara dengan skripsi sesuai
dengan SK Dekan Fakultas Pendidikan Ekonomi dan Bisnis Nomor: T-11093/UN40.A7/PK.01.02/2025
abstract: This study analyzes the impact of inflation (Consumer Price Index/CPI) and interest rates (Federal Funds Rate) on the prices of five major cryptocurrencies—Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE), and Stellar (XLM)—over the period 2016–2024. Employing a quantitative approach, the study develops five separate multiple regression models, each representing one cryptocurrency as the dependent variable (Y). The results indicate that BTC, ETH, and DOGE are positively influenced by both inflation and interest rates. In contrast, XRP and XLM are only significantly and positively affected by inflation, while interest rates show no significant impact on their prices. The F-tests for each model confirm that inflation and interest rates simultaneously exert a significant effect on the prices of all five cryptocurrencies. These findings support the Arbitrage Pricing Theory (APT), which posits that asset valuation is determined by systematic risk factors, implying that even cryptocurrencies are not immune to the influence of inflation and interest rates.
date: 2025-08-14
date_type: published
institution: Universitas Pendidikan Indonesia
department: KODEPRODI61201#Manajemen_S1
thesis_type: other
thesis_name: other
official_url: https://journal.fkpt.org/index.php/jtear/article/view/1973
related_url_url: https://perpustakaan.upi.edu/
related_url_type: org
citation:   Muflih Ammar, - and Maya Sari, - and Netti Siska Nurhayati, -  (2025) PENGARUH FAKTOR-FAKTOR MAKROEKONOMI TERHADAP HARGA CRYPTOCURRENCY: Analisis Multi-Koin 2016-2024.  S1 thesis, Universitas Pendidikan Indonesia.   
document_url: http://repository.upi.edu/138643/1/TA_ART_S_PEM_2102792_ART.pdf
document_url: http://repository.upi.edu/138643/2/TA_ART_S_PEM_2102792_SK.pdf