Jurnal Teknologi dan Manajemen Industri Terapan
Vol. 4 No. 3 (2025): Jurnal Teknologi dan Manajemen Industri Terapan

The Influence of Political Decisions on Bitcoin Prices with Good Corporate Governance as A Moderating Variable

Rieneke Ryke Kalalo (Unknown)
Hugo Prasetyo Winotoatmojo (Unknown)
Wiljan Atfentia Kotngoran (Unknown)
Heppi Syofya (Unknown)
I Gusti Made Riko Hendrajana (Unknown)



Article Info

Publish Date
29 Sep 2025

Abstract

This study examines the impact of political decisions on Bitcoin price volatility, with Good Corporate Governance (GCG) as a moderating variable. While Bitcoin is often perceived as a decentralized asset independent of government control, empirical evidence suggests that regulatory announcements, geopolitical tensions, and national legal tenders significantly influence market sentiment and price fluctuations (Aditya & Wijaya, 2024). This research utilizes a quantitative approach with secondary data from 2020 to 2025, capturing major political shifts and global economic policies. The analysis focuses on how the quality of corporate governance within major institutional holders of Bitcoin moderates the transmission of political shocks to asset prices. Preliminary findings indicate that political decisions regarding restrictive regulations tend to decrease prices, whereas institutional adoption backed by strong GCG frameworks serves as a buffer against extreme volatility. This study contributes to the literature on digital asset management and provides strategic insights for investors and policymakers in navigating the complex intersection of global politics and financial technology.

Copyrights © 2025






Journal Info

Abbrev

home

Publisher

Subject

Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Engineering Industrial & Manufacturing Engineering

Description

Jurnal Teknologi dan Manajemen Industri Terapan (JTMIT) adalah journal blind peer-review yang bersifat open access yang memungkinkan artikel tersedia secara online tanpa berlangganan apapun. JTMIT didedikasikan untuk publikasi hasil penelitian, artikel teknis, konseptual dan laporan studi kasus ...