Cryptocurrencies and Financial Markets: Assessing Volatility, Risk, and Regulation

Authors

  • Gauri Singh Bhadauria
  • S. Mathew Divakar
  • Tushar Eknath Diukar
  • Abhijit Aditya

DOI:

https://doi.org/10.63682/jns.v14i6.3949

Keywords:

Cryptocurrencies, Volatility, Risk Perception, Neonatal Care, Regulation

Abstract

The potential of cryptocurrencies, specifically Bitcoin and Ethereum, in financing neonatal care, focusing on their volatility, perceived risks, and regulatory implications, is studied. The research combines historical data on cryptocurrency market performance and survey results from healthcare professionals involved in neonatal care finance. Key findings reveal that Bitcoin exhibits higher volatility (6.73%) than Ethereum (6.27%), making it a less stable option for healthcare financing. Survey results show that 60% of respondents consider high volatility a significant barrier, while 25% are concerned about regulatory uncertainty. Despite these challenges, 15% of respondents view cryptocurrencies as a potential stable funding source. The study emphasizes the need for clear regulatory frameworks and the potential of stablecoins or hedging strategies to mitigate risks. The findings suggest that while cryptocurrencies could offer innovative solutions for funding neonatal care, volatility and regulatory concerns must be addressed to ensure their viability in healthcare systems. Future research should explore alternative cryptocurrencies, such as stablecoins, and track long-term regulatory changes in healthcare financing.

Downloads

Download data is not yet available.

Metrics

Metrics Loading ...

References

Till BM, Peters AW, Afshar S, Meara JG. From blockchain technology to global health equity: can cryptocurrencies finance universal health coverage?. BMJ Global Health. 2017 Dec 1;2(4):e000570.

Hashemi Joo M, Nishikawa Y, Dandapani K. Cryptocurrency, a successful application of blockchain technology. Managerial Finance. 2020 Aug 29;46(6):715-33.

Khang A, Rana G, Tailor RK, Abdullayev V, editors. Data-centric AI solutions and emerging technologies in the healthcare ecosystem.

Moxon SG, Lawn JE, Dickson KE, Simen-Kapeu A, Gupta G, Deorari A, Singhal N, New K, Kenner C, Bhutani V, Kumar R. Inpatient care of small and sick newborns: a multi-country analysis of health system bottlenecks and potential solutions. BMC pregnancy and childbirth. 2015 Dec;15:1-9.

Enweronu-Laryea C, Dickson KE, Moxon SG, Simen-Kapeu A, Nyange C, Niermeyer S, Bégin F, Sobel HL, Lee AC, von Xylander SR, Lawn JE. Basic newborn care and neonatal resuscitation: a multi-country analysis of health system bottlenecks and potential solutions. BMC pregnancy and childbirth. 2015 Dec;15:1-20.

Chahal BP, Sharma U, Bansal B. Innovative Financing Models and Future Directions in Healthcare: Evaluating the Impact of Financial Strategies on Digital Health Outcomes and Innovation. In Driving Global Health and Sustainable Development Goals With Smart Technology 2025 (pp. 267-302). IGI Global Scientific Publishing.

ur Rehman MH, Salah K, Damiani E, Svetinovic D. Trust in blockchain cryptocurrency ecosystem. IEEE Transactions on Engineering Management. 2019 Nov 6;67(4):1196-212.

Jain A, Singh RK, Bhushan P. Policy and Regulatory Frameworks for Financing Smart Healthcare. In Driving Global Health and Sustainable Development Goals With Smart Technology 2025 (pp. 367-388). IGI Global Scientific Publishing.

Gökalp E, Gökalp MO, Çoban S, Eren PE. Analysing opportunities and challenges of integrated blockchain technologies in healthcare. Information Systems: Research, Development, Applications, Education: 11th SIGSAND/PLAIS EuroSymposium 2018, Gdansk, Poland, September 20, 2018, Proceedings 11. 2018:174-83.

Yaqoob I, Salah K, Jayaraman R, Al-Hammadi Y. Blockchain for healthcare data management: opportunities, challenges, and future recommendations. Neural Computing and Applications. 2022 Jul 1:1-6.

Polasik M, Piotrowska AI, Wisniewski TP, Kotkowski R, Lightfoot G. Price fluctuations and the use of bitcoin: An empirical inquiry. International journal of electronic commerce. 2015 Nov 15;20(1):9-49.

Trautman LJ. Bitcoin, virtual currencies, and the struggle of law and regulation to keep peace. Marq. L. Rev.. 2018;102:447.

Habashi J. Using the Government Blockchain in Cryptocurrency: Present and Future.

Kaur J. Decentralized Finance (DeFi) and Blockchain Technology in Healthcare: A Promising Confluence for Enhanced Security, Data Interoperability, and Patient. InHarnessing Technology for Knowledge Transfer in Accountancy, Auditing, and Finance 2024 (pp. 126-149). IGI Global.

Bajra UQ, Aliu F. Deciphering the cryptocurrency conundrum: investigating speculative characteristics and volatility. Finance Research Letters. 2023 Dec 1;58:104589.

Radanliev P. The rise and fall of cryptocurrencies: defining the economic and social values of blockchain technologies, assessing the opportunities, and defining the financial and cybersecurity risks of the Metaverse. Financial Innovation. 2024 Jan 31;10(1):1.

Almousa MH. Blockchain revolution: how innovative technology can change the financial sector (Doctoral dissertation, Vilniaus universitetas.).

Arsi S, Ben Khelifa S, Ghabri Y, Mzoughi H. Cryptocurrencies: Key risks and challenges. InCryptofinance: A new currency for a new economy 2022 (pp. 121-145).

Binda J. Cryptocurrencies–problems of the high-risk instrument definition. Investment Management and Financial Innovations. 2020 Apr 1;17(1):227-41.

Beneki C, Koulis A, Kyriazis NA, Papadamou S. Investigating volatility transmission and hedging properties between Bitcoin and Ethereum. Research in International Business and Finance. 2019 Apr 1;48:219-27.

Jacobs G. Cryptocurrencies & the challenge of global governance. Cadmus. 2018 May 1;3(4):109-23

Downloads

Published

2025-04-17

How to Cite

1.
Bhadauria GS, Divakar SM, Diukar TE, Aditya A. Cryptocurrencies and Financial Markets: Assessing Volatility, Risk, and Regulation. J Neonatal Surg [Internet]. 2025Apr.17 [cited 2025Sep.21];14(6):509-15. Available from: https://jneonatalsurg.com/index.php/jns/article/view/3949