Pengaruh Bitcoin dan Nilai Tukar Rupiah Terhadap Harga Saham (Studi Pada Sub Sektor Perbankan Yang Terdaftar di Bursa Efek Indonesia Periode 2020-2022)
DOI:
https://doi.org/10.55681/jige.v5i2.2681Keywords:
Cryptocurrency, Exchange Rates, Stock PricesAbstract
Currently, Indonesia is entering an era where technology is developing rapidly and has an impact on various parts of people's lives. This technological development not only has an impact on social and cultural aspects, but also on economic and business aspects. When the Covid-19 pandemic hit Indonesia, it encouraged people to prioritize saving or investing. Investment is expected to be a source of additional income for the community. This research aims to test and analyze the influence of Bitcoin and Exchange on Share Prices in Banking Companies Listed on the Indonesian Stock Exchange in 2020-2022. This research uses quantitative methods. The population in this study are banking companies listed on the Indonesian Stock Exchange. The sample in this research was 29 companies with purposive sampling as a sampling technique. This research uses the panel data regression method and eviews software with a monthly period starting from January 1 2020 to December 31 2022. The results of this research show that cryptocurrency (bitcoin) has a significant positive effect on the share prices of banking companies listed on the Indonesia Stock Exchange, while the rupiah exchange rate has a significant negative effect on the share prices of banking companies listed on the Indonesia Stock Exchange.
Downloads
References
Aisah, A. S., Awaluddin, M., & Indriyani, E. M. (2022). Dampak Fluktuasi Bitcoin, Suku Bunga, Dan Nilai Tukar Terhadap Harga Saham Pada Perusahaan Indeks Lq 45 Di Bursa Efek Indonesia. Study of Scientific and Behavioral Management (SSBM, 3(3), 1–14.
Aprilia. (2015). Faktor-Faktor Yang Mempengaruhi Bid-Ask Spread Saham Lq-45 Di Bursa Efek Indonesia. 9(1), 101–132.
Asma, A., & Santoso, S. (2022). Penulis Korespondensi Pengaruh Fundamental Saham & Harga Emas Dunia Terhadap Harga Saham Perusahaan. Contemporary Studies in Economic, 1(3), 519–526.
Christian, N., & Frekcy. (2019). Analisis Faktor – Faktor Yang Mempengaruhi Harga Saham Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. Tangible Journal, 4(2), 245–259.
Dwijayanti, N. M. A. (2021). Pengaruh Nilai Tukar dan Inflasi Terhadap Harga Saham Perbankan Pada Masa Pandemi COVID-19. Jurnal Bisnis & Kewirausahaan, 17(1), 2021. http://ojs.pnb.ac.id/index.php/JBK
Fahrani, V. H., & Bachtiar, A. (2020). Pengaruh Cryptocurrency, Nilai Tukar Valuta Asing Dan Real Asset Terhadap IHSG. Conference on Economic and Business Innovation, 35, 1736–1751.
Ghozali, I. (2013). Analisis Multivariate dan Ekonometrika (Teori, Konsep, dan Aplikasi dengan Eviews 8). Badan Penerbit Universitas Diponegoro.
Ilyasa, R. M. A. (2019). Legalitas Bitcoin Dalam Transaksi Bisnis Di Indonesia. Lex Scientia Law Review, 3(2), 115–128.
Jaya, I. M. L. M. (2020). Metode Penelitian Kuantitatif dan Kualitatif (Teori, Penerapan, dan Riset Nyata). Quadrant.
Kurniawan, A., & Yuniati, T. (2019). Pengaruh Inflasi, Suku Bunga dan NilaiTukar terhadap Harga Saham Perusahaan Perbankan. Jurnal Ilmu Dan Riset Manajemen, 8(1), 1–16.
Lumbantobing, C., & Sadalia, I. (2021). Analisis Perbandingan Kinerja Cryptocurrency Bitcoin, Saham, dan Emas sebagai Alternatif Investasi. Studi Ilmu Manajemen Dan Organisasi, 2(1), 33–45. https://doi.org/10.35912/simo.v2i1.393
Mohd Thas Thaker, H., & Ah Mand, A. (2021). Bitcoin and stock markets: a revisit of relationship. Journal of Derivatives and Quantitative Studies, 29(3), 234–256. https://doi.org/10.1108/JDQS-07-2020-0016
Munib, M. F. (2016). Pengaruh Kurs Rupiah , Inflasi Dan Bi Rate Perbankan Di Bursa Efek Indonesia. EJournal Administrasi Bisnis, 4(4), 947–959.
Nakamoto, S. (2009). Bitcoin: A Peer-to-Peer Electronic Cash System. Transforming Government: People, Process and Policy, 15(4). https://doi.org/10.1108/TG-06-2020-0114
Novianti, W., & Hakim, R. P. (2019). Harga Saham Yang Dipengaruhi Oleh Profitabilitas Dan Struktur Aktiva Dalam Sektor Telekomunikasi. Jurnal Ilmu Keuangan Dan Perbankan (JIKA), 7(2), 19–32. https://doi.org/10.34010/jika.v7i2.1912
Ramadhani, I. (2022). Analisis Faktor-Faktor Yang Mempengaruhi Harga Cryptocurrency (Mata Uang Kripto) Di Indonesia Studi Pada Bitcoin. EKOMA : Jurnal Ekonomi, Manajemen, Akuntansi, 2(1), 46–54. https://doi.org/10.56799/ekoma.v2i1.752
Rohmawati, S., Munasirotul, M., Fitria, A., & Ulfatul, K. (2022). Analysis Of The Effect Of The Rupiah Exchange, World Oil Price, World Gold Price On The Joint Stock Price Index In The Indonesia Stock Exchange. International Journal of Science, Technology & Management, 3(1), 153–166. https://doi.org/10.46729/ijstm.v3i1.432
Sami, M., & Abdallah, W. (2021). Cryptocurrency and Stock Markets: Complements or Substitutes? Evidence from Gulf countries. SSRN Electronic Journal, 1–11. https://doi.org/10.2139/ssrn.3775907
Saputra, A. (2019). Khozana: Journal of Islamic Economic and Banking. KHOZANA: Journal of Islamic Economic and Banking, 2(2), 1–19.
Sihombing, M. S. P., Nawir, J., & Mulyantini, S. (2020). Cryptocurrency, Nilai Tukar dan Real Asset Terhadap Harga Saham Pada Perbankan Indonesia Yang Terdaftar Di Bursa Efek Indonesia. Ekonomi Dan Bisnis, 7(2).
Spence. (1973). Job Market Signaling. The Quarterly Journal of Economics, 87(3), 355–374.
Utami, A. P., & Kartini, K. (2023). The Effect of Cryptocurrency Returns and Cryptocurrency Volume on the Stock Price Index of Indonesia, Singapore, Thailand. International Journal of Social Service and Research, 3(4), 1045–1051. https://doi.org/10.46799/ijssr.v3i4.352
Warsito, O. L. D., & Robiyanto, R. (2020). Analisis Volatilitas Cryptocurrency, Emas, Dollar, Dan Indeks Harga Saham (Ihsg). International Journal of Social Science and Business, 4(1), 40–46.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2024 Sherly Rahma Ningsih, Rulyanti Susi Wardhani, Wenni Anggita
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.