Myths and Realities: Sentiment Analysis for Crypto Assets

From an informational standpoint, the crypto market is noisy and full of unexpected events. In terms of sentiment analysis, that combination of factors is a nightmare. Instead of narrowly focusing on sentiment analysis, we should probably develop a more holistic approach. A sentiment-market impact indicator would be a combination of polarity (negative, positive, neutral), emotion (anxious, excited, sad…) and aspect-based (topics, entities…) analysis over long periods of time. This approach would require the training of models specialized in the dynamics of crypto assets to evaluate the sentiment in the context of specific market conditions. 

bitcoin
Bitcoin (BTC) $ 48,192.00
ethereum
Ethereum (ETH) $ 1,496.31
tether
Tether (USDT) $ 1.01
cardano
Cardano (ADA) $ 1.16
binance-coin
Binance Coin (BNB) $ 227.15
polkadot
Polkadot (DOT) $ 33.48
xrp
XRP (XRP) $ 0.462692
litecoin
Litecoin (LTC) $ 176.14
chainlink
Chainlink (LINK) $ 27.10
bitcoin-cash
Bitcoin Cash (BCH) $ 495.65