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Cryptocurrencies Collapse – Analysis of Artificial Intelligence Applications for Countering Coin Value Fluctuations in the Crypto Market

88 Citations2024
Iskren Tairov, Nadezhda Stefanova
TEM Journal

Investigation of the consequences of ambiguity and psychological variables on cryptocurrency valuation and artificial intelligence applications in the cryptocurrency market offers vital insights into how investing professionals might build appropriate placement methods aided by artificial intelligence.

Abstract

Driven by the present worldwide turbulence, this research investigates the consequences of ambiguity and psychological variables on cryptocurrency valuation and artificial intelligence applications in the cryptocurrency market. Results demonstrate that many factors impact cryptocurrency pricing, and artificial intelligence algorithms have the potential to provide an average level of stability. Nevertheless, the interplay among shareholder opinions displayed on various channels has a considerable negative impact on cryptocurrency investment refunds, as this effect is especially noticeable for coins inside the same environment. Furthermore, there may be a considerable dispersion across currencies within the same network when unpleasant information occurs. Given the significant uninsured deficits many crypto traders face during crypto trade, the findings offer vital insights into how investing professionals might build appropriate placement methods aided by artificial intelligence.