Trend and Knowledge Structure of Cryptocurrency Reserch in the Scopus Database

Purpose: This study aims to utilize the bibliometric method to investigate the most important characteristics and key research topics in the literature on cryptocurrency research. Theoretical framework: This study used a text mining framework based on domain-level and knowledge structure analysis. Design/methodology/approach: Based on domain-level and knowledge structure analysis, this study used data from the Scopus database, which included 1,685 published articles from 2018 to 2023 on cryptocurrency research. Data analytics and visualization may be accomplished with the bibliometrix package in R software. Findings: The result found that, there has been a fifty percent annual growth in cryptocurrency research since 2018. Studying the most frequently used terms and phrases in the research makes it possible to see which research areas have the greatest impact. According to the results, (1) cryptocurrency market, (2) market efficiency, (3) herding behavior, (4) COVID pandemic, (5) safe haven, (6) stock markets, (7) financial markets, and (8) volatility spillovers should be the emphasis of future research. Research, Practical & Social implications: This article will be useful to scholars and practitioners looking for research directions. Based on the trending topics and knowledge structure of cryptocurrency research, this research also suggests potential new study topics for the future. Originality/value: The value of these findings revealed an increase and a new aspect of cryptocurrency research in the business field related to the continued expansion of empirical research documents, researchers/authors, global collaboration, and co-citations.