Review of Behavioral Economics > Vol 11 > Issue 3

Unraveling the Sentiment Puzzle: Exploring the Unseen Force Behind Cryptocurrency Value through Systematic Literature Review

Diya Sharma, Department of Management Studies, Netaji Subhas University of Technology, and Department of Commerce, University of Delhi, India, diya.sharma.phd21@nsut.ac.in , Renu Ghosh, Department of Management Studies, Netaji Subhas University of Technology, India, renu.ghosh@nsut.ac.in , Sanjeev Kumar, Faculty of Management Studies and Dr. Bhim Rao Ambedkar College, University of Delhi, India, sanjeev.phd@fms.edu
 
Suggested Citation
Diya Sharma, Renu Ghosh and Sanjeev Kumar (2024), "Unraveling the Sentiment Puzzle: Exploring the Unseen Force Behind Cryptocurrency Value through Systematic Literature Review", Review of Behavioral Economics: Vol. 11: No. 3, pp 361-393. http://dx.doi.org/10.1561/105.00000183

Publication Date: 08 Jul 2024
© 2024 D. Sharma, R. Ghosh and S. Kumar
 
Subjects
Behavioral decision making,  Behavioral finance,  Psychology
 
Keywords
JEL Codes: G11, G15, G41
CryptocurrenciessentimentsSLRbehavioural financeSPAR-4-SLR
 

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In this article:
Introduction 
Methodology 
Findings and Discussion 
Future Research Avenues 
Conclusion 
References 

Abstract

The objective of this research article is to consolidate existing literature in the field of sentiments and cryptocurrency through a systematic literature review (SLR) by adopting the SPAR-4-SLR protocol and establishing a structured foundation for future studies. The study includes 42 research articles from the SCOPUS and WoS databases. The SLR offers several findings. First, research in the field of sentiment and cryptocurrency has surged in the recent past and the area is still young to research. Second, the study sheds light on major contributors to the field of study. Third, sentiment has proved to be a major predictor of cryptocurrency due to its characteristics. Finally, the study’s findings reveal a range of sentiment measure indicators in the literature and shed light on the influential role of sentiments in cryptocurrency prices, returns, and volatility. In the absence of systematic reviews in the field, this article makes a significant contribution.

DOI:10.1561/105.00000183