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Twitter Sentiment Data Analysis of User Behavior on Cryptocurrencies: Bitcoin and Ethereum

Twitter Sentiment Data Analysis of User Behavior on Cryptocurrencies: Bitcoin and Ethereum

Hasitha Ranasinghe, Malka N. Halgamuge
Copyright: © 2021 |Pages: 15
ISBN13: 9781799847182|ISBN10: 1799847187|ISBN13 Softcover: 9781799857860|EISBN13: 9781799847199
DOI: 10.4018/978-1-7998-4718-2.ch015
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MLA

Ranasinghe, Hasitha, and Malka N. Halgamuge. "Twitter Sentiment Data Analysis of User Behavior on Cryptocurrencies: Bitcoin and Ethereum." Analyzing Global Social Media Consumption, edited by Patrick Kanyi Wamuyu, IGI Global, 2021, pp. 277-291. https://doi.org/10.4018/978-1-7998-4718-2.ch015

APA

Ranasinghe, H. & Halgamuge, M. N. (2021). Twitter Sentiment Data Analysis of User Behavior on Cryptocurrencies: Bitcoin and Ethereum. In P. Wamuyu (Ed.), Analyzing Global Social Media Consumption (pp. 277-291). IGI Global. https://doi.org/10.4018/978-1-7998-4718-2.ch015

Chicago

Ranasinghe, Hasitha, and Malka N. Halgamuge. "Twitter Sentiment Data Analysis of User Behavior on Cryptocurrencies: Bitcoin and Ethereum." In Analyzing Global Social Media Consumption, edited by Patrick Kanyi Wamuyu, 277-291. Hershey, PA: IGI Global, 2021. https://doi.org/10.4018/978-1-7998-4718-2.ch015

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Abstract

Social networks such as Twitter contain billions of data of users, and in every second, a large number of tweets trade through Twitter. Sentiment analysis is the way toward deciding the emotional tone behind a series of words that users utilize to understand the attitudes, thoughts, and emotions that are enunciated in online references on Twitter. This chapter aims to determine the user preference of Bitcoin and Ethereum, which are the two most popular cryptocurrencies in the world by using the Twitter sentiment analysis. It proposes a powerful and fundamental approach to identify emotions on Twitter by considering the tweets of these two distinctive cryptocurrencies. One hundred twenty thousand (120,000) tweets were extracted separately from Twitter for each keyword Bitcoin/BTC and Bitcoin/ETC between the period from 12/09/2018 to 22/09/2018 (10 days).

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