Most analysts in any trading market use highly speculative models which aren’t necessarily based on numbers and statistics. There is a growing movement that is striving to creating useful investment strategies.
The cryptocurrency battlefield is witnessing an increasing amount of attention being cast from multiple facets: governments, banks and other institutional investors alike. Here we see the impacts these institutional investors are having on Cryptocurrency markers.
In today’s world, it is quintessential for companies to know what their customers are talking about their products online, and sentiment analysis helps in the same, that is, to gauge the perception of customers or the general public towards a product or a service.
Cryptocurrency has always been in news since its launch, either due to price volatility, ban or upliftment of the ban. There are multiple notions attached to the use of cryptocurrency - will it replace fiat currencies and reduce demand of central banks’ money?