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p>Investors are waiting for more exuberance in bitcoin and cryptocurrency as concerns about the hawkishness of the Federal Reserve threaten to squelch the risk-taking appetite in markets.The usual volatility associated with cryptocurrencies is evident in recent weeks. https://videogamemods.com/members/clovercan2/activity/129672/ , the largest cryptocurrency, is climbing by 33% in the past month since Jan. 24. The price was last seen at $43,850. The price has risen from the plunge that cut its value by half from the record-setting highest. Its major rival, Ether, is climbing around 45percent since January. 24 with a price of around $3200, following a nearly 56% nosedive from its record high of $4,868, and also in November.When advocates of cryptocurrencies stated that they have no correlation to other assets bitcoin and its peers witnessed huge gains over recent two years. They've risen in tandem with stocks as Fed along with other central banks introduced enormous amounts of stimulus into the world economy. Bitcoin has increased by 1,039 percent since March of 2020 and the ether price has increased 2,940%, but the gains in both have been interrupted by numerous-stomach churning sales.Their recent volatility has come amid a broader market selloff that was triggered by investors who are recalibrating their portfolios in preparation for an ever-increasingly aggressive Fed that is likely to increase rates as high as seven times this year as it fights rising inflation. The index that is the benchmark S&P 500 index (.SPX) has dropped 5.5 percent year-to-date, whereas the tech-driven Nasdaq (.IXIC) was down by 9.3%. lost 9.3%.Concerns that an aggressive central bank tightening cycle moving forward will hurt risky assets has made it difficult for some traders to maintain their optimistic outlook on bitcoin as well as other cryptos as an asset class known for its extreme volatility.Tensions are rising in Ukraine, where Washington warned that a Russian attack could start any day, could also trigger market movements across the board, investors said. Learn moreBitcoin is "really become the most powerful the market that has momentum, and there's lots of risk that could lead to a 40% drop completely out of the blue," said Ed Moya Oanda's senior analyst. Oanda.The volatility of Bitcoin's currency hasn't stopped analysts from trying to determine the market's value, or point out potential price levels.Analysts at JPMorgan believe that bitcoin's valuation at around $38,000 , which is about 15% lower than its current value based on its fluctuation in comparison to that in gold, a similar asset which investors typically use to hedge their portfolios against price fluctuations and economic uncertainty.Vanda Research, meanwhile, published a note that the bulk of bets that were speculative on a lower bitcoin price were made at about $47,000 "there could be a large short-squeeze if this threshold is met and retail investors are reintroduced back to crypto-trading."However, the correlations between Bitcoin and the S&P500 climbed to an all-time record on January 31st, according to research obtained from BofA Global Research, undercutting the argument for those who want to use bitcoin as security against market volatility.<img width="336" src="">Investors in the coming week can expect minutes from the most recent Fed meeting on monetary policy due to be released on Wednesday. Walmart (WMT.N) and chipmaker Nvidia Corp (NVDA.O) will be among the companies that will release resultsas the corporate earnings season continues.A number of investors are trying to ride out the volatility of bitcoin, hoping on the long-term viability associated with blockchain technology its built in supply limit, and the network effect it creates, will last regardless of the numerous price swings.Jurrien Timmer, director of global macro at Fidelity is comparing the current crypto market's volatility to the volatile tech stocks that were experiencing during the dotcom era over two decades ago, a boom and bust period that resulted in the most minuscule number of businesses left standing."Amazon is still active and Apple is still around and they're stronger than ever and the assumption is that for bitcoin that will be similarly," explained the man. "But it's not immune to those waves of speculation and sentiment."Bitcoin could hit 100,000 by 2023. Timmer stated, following his supply/demand modeling.<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe>Some believe that mature cryptocurrency like bitcoin and ether aren't likely for the kind of spectacular gains they have made since their inception.Instead, they're looking to the world of emerging, alternative coins that are being made to make the most of the wealth pouring into the cryptocurrency space which includes the metaverse as well as NFTs. NFTs accounted for more than around $30 billion worth worth of venture capital investment this year, as per PitchBook?.Other altcoins include cosmos Terra Luna, and Polkadot with a drop of around 20.5% 38%, 20.5% and 25.5 percentages year-todate, respectively at the time of coinmarketcap.com.Understanding the risks related to decentralized finance and the risk of them likely to be among the main challenges for investors in 2022. Lily Francus, director of quantitative research strategy at Moody's Analytics.Cryptocurrencies "are going to be extremely unstable going forward, however, there are some major players on the institutional side and the retail side that are growing, therefore the interest is still growing," said Oanda's Moya.

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