Cryptocurrency Adoption and Investment Intensity in Fintech: A Systematic Literature Review and Bibliometric Analysis

This study examines 120 research papers on cryptocurrency adoption, investment, and investor behavior using preferred reporting items for systematic reviews and meta-analyses–guided systematic literature review. Further, it intends to illustrate the key trends, institutions, and country contributions to this field through a bibliometric analysis. The findings indicate that people’s decision to adopt cryptocurrencies is primarily facilitated by social factors and hindered by fluctuations, ease of buying cryptocurrencies, and jurisdictional issues. It also reveals an impact of psychology, which erupts in the forms of herding and instrumental sentiments. A conceptual framework of cryptocurrency adoption and investment intensity in fintech ecosystem is proposed. The study provides fresh insights into investment intensity, fintech-motivated investment trends, and investor behavior in cryptocurrency.