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p>Investors are ready for further flashes of bitcoin and other cryptocurrency, as fears of an overly hawkish Federal Reserve threaten to squelch the market's appetite for risk.The volatility that is typically associated with cryptocurrency is evident in recent weeks. Bitcoin is the most popular cryptocurrency, has been up approximately 33% since Jan. 24, and lastly traded at $43,850. It's rebounding from a tumble that cut its price by half from its record highest. The primary competitor, Ether, is climbing around 40% since Jan. 24 and is trading at $3,200 which follows a more than 56 percent drop from its record-setting $4,868 as of November.The advocates of cryptocurrency have previously denied their correlation to other assets Bitcoin and its counterparts experienced huge gains over the past two years. They've been rising together with stocks, as the Fed or other central banks released huge amounts of stimulus into the global economy. Bitcoin is up 1,039 percent since March 2019, and ether has risen 2,940%. However, the rallies in both cryptocurrencies have seen a flurry of stomach-churning sales.The recent volatility in the market has been accompanied by a wider downturn in the market, triggered by people who are recalibrating their portfolios in preparation for an increasingly aggressive Fed that is anticipated to raise rates as many as seven times in the coming year as it is fighting rising inflation. The standard S&P 500 index (.SPX) has dropped 5.5 percentage year-to date, while the technology-focused Nasdaq (.IXIC) had dropped 9.3%.A fear that an aggressive loosening and tightening cycles by central banks going further will hit more risky assets have made difficult for some traders to maintain their optimistic outlook for bitcoin and other cryptos the asset class known for its extreme volatility.An increase in tensions in Ukraine in Ukraine, where Washington warned that a Russian attack could start anytime soon, can generate market-wide volatility Investors have said. find out moreBitcoin was "really become the ultimate mover and so many risks that can cause a 40% drop out of nowhere," said Ed Moya of Oanda, a senior analyst. Oanda.There are a few analysts from trying to figure out the currency's fair value or even identify important price levels.Analysts at JPMorgan believe that bitcoin's fair value at around 38,000 dollars, about 15% less than its previous price based on its relative volatility to that of gold, which is another asset that investors frequently use to hedge their portfolios against the effects of inflation and economic uncertainty.<img width="499" src="https://i0.wp.com/tradingforex.co.id/wp-content/uploads/2021/06/Bitcoin7.jpg?fit=1696%2C1120&ssl=1">Vanda Research, meanwhile, has stated in a note that the majority of bearish bets placed on a weaker bitcoin price were entered at approximately $47,000 "there may be a large short squeeze if that threshold is met and retail investors are reintroduced into crypto-trading."Furthermore, correlations between bitcoin and the S&P 500 hit an all-time high on Jan 31st, according to research provided by BofA Global Research, undercutting the claims of those who plan to use bitcoin as an insurance against market volatility.Investors will be getting minutes of the Fed's last gathering on monetary policies, which will come to be released on Wednesday. Walmart (WMT.N) and chip maker Nvidia Corp (NVDA.O) will be among the companies to report numbers as corporate earnings season gets underway.A few investors are preparing themselves to ride out the volatility in bitcoin, hoping that the longer-term value in blockchain technology its built in supply limit, and the effects its technology produces, will last regardless of the numerous price swings.Jurrien Timmer, director of global macro at Fidelity The Fidelity director compared the present Bitcoin speculation to turbulent tech stocks of the dotcom era nearly two decades ago. https://notes.io/UZgK was a boom-and bust period in which there was relatively few firms left standing.<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe>"Amazon remains in business and Apple remains in business and they're bigger than ever . the theory is that for bitcoin, it'll do similar," his statement reads. "But https://telegra.ph/How-to-Buy-Bitcoin-02-13-71 's not immune to these waves of speculation or sentiment."Bitcoin could reach $100 million by 2023. Timmer says, based on his supply/demand models.Others believe mature cryptocurrencies like bitcoin and ether aren't going to make the impressive gains that they have racked up since their creation.Instead, they're turning to the world of emerging, alternative coins that are being created to take advantage of the money flowing into the crypto world, including the metaverse and NFTs, which accounted for $30,000 worth of venture capital investment in the last year, according to PitchBook?.Some altcoins include cosmos, Terra Luna, and Polkadot which are down 20.5 percent as of 38%, 20.5% and 25.5 percent for the year to date, respectively, from coinmarketcap.com.Knowing the risks associated with the decentralized financial system and its risks is going to be one principal challenges facing investors by 2022, says Lily Francus, director of quantitative research strategy at Moody's Analytics.Cryptocurrencies "are going to remain volatile in the coming years, but there are some significant players on both the institutional side and the retail side who are growing, so interest is still growing," said Oanda's Moya.

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