Understanding cryptocurrency market fluctuations

Cryptocurrencies are very much in the news at the moment. Volatility, recent hacks and the threat of taxation all add to the uncertainties surrounding them.

And yet, despite these difficulties, interest in cryptocurrencies still remains high – and the long-term outlook, according to many commentators, is very rosy.

Why is this? One way to understand the positive sentiment that continues to underpin cryptocurrencies is to examine how people are writing about them online, in blog posts, news articles and on social media. This is exactly what audience intelligence firm Pulsar has done, in its New Social Currency report (registration required).

The Pulsar platform pulls in data from social media and breaks it down using proprietary algorithms and the latest artificial intelligence (AI) techniques.

Pulsar analysed…