China Accounting and Finance Review (Mar 2024)

A systematic literature review on the determinants of cryptocurrency pricing

  • Sanshao Peng,
  • Catherine Prentice,
  • Syed Shams,
  • Tapan Sarker

DOI
https://doi.org/10.1108/CAFR-05-2023-0053
Journal volume & issue
Vol. 26, no. 1
pp. 1 – 30

Abstract

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Given the cryptocurrency market boom in recent years, this study aims to identify the factors influencing cryptocurrency pricing and the major gaps for future research. A systematic literature review was undertaken. Three databases, Scopus, Web of Science and EBSCOhost, were used for this review. The final analysis comprised 88 articles that met the eligibility criteria. The influential factors were identified and categorized as supply and demand, technology, economics, market volatility, investors’ attributes and social media. This review provides a comprehensive and consolidated view of cryptocurrency pricing and maps the significant influential factors. This paper is the first to systematically and comprehensively review the relevant literature on cryptocurrency to identify the factors of pricing fluctuation. This research contributes to cryptocurrency research as well as to consumer behaviors and marketing discipline in broad.

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