Cryptocurrency Market Efficiency Revisited: A Bibliometric Analysis
Publication Type
Original research
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The aim of this comprehensive review of the papers published on the Scopus database is to gain insights into the various indicators that determine the level of market efficiency within the global cryptocurrency markets. We have employed a series of bibliometric and content analyses on 3,224 papers published during 2014–2024. Findings indicate that the scholarly literature on cryptocurrency exhibits a varied range of perspectives, frequently encompassing multiple academic disciplines such as economics, finance, accounting, technology, and engineering. We present three significant findings. First, despite a growing list of recent studies supporting some efficiency, cryptocurrency assets frequently deviate from conventional norms of market efficiency. Herding, co-movement, sentiment, and overconfidence are the major contributors behind the inefficient cryptocurrency market. Second, the intricate nature of these …

Journal
Title
International Journal of Financial Engineering
Publisher
World Scientific Connect
Publisher Country
Singapore
Indexing
Thomson Reuters
Impact Factor
0.6
Publication Type
Both (Printed and Online)
Volume
2550021
Year
2025
Pages
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