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p>Investors are ready for further fluctuations in bitcoin and other cryptocurrencies, while worries about a hawkish Federal Reserve threaten to squelch the appetite for risk across markets.The volatility normally related to cryptocurrency has been visible during the last few weeks. Bitcoin is the most popular cryptocurrency, is climbing by 33% in the past month since Jan. 24. It was last traded at $43,850. It's recovering from drop that cut prices in half compared to November's record-setting highest. Its primary rival, Ether, has gained around 45% since Jan. 24 and is trading at $3,200 with a 58 percentage plunge from its previous record high of $4,868, during November.Even though advocates of cryptocurrencies asserted that they are not tied to other assets, bitcoin and its peers have seen huge gains in the past two years. They've been rising alongside stocks as Fed and the rest of central bankers pumped unprecedented levels of stimulus into the world economy. https://www.pcb.its.dot.gov/PageRedirect.aspx?redirectedurl=https://www.wattpad.com/user/dibblecow5 has risen 1,039 percent from March 2020. Ethereum has increased by 2940%, however the rises of both currencies have stopped by several stomach churning selling.The recent volatility in the market is a result of a larger market selloff caused by investors refining their portfolios to prepare for an aggressive Fed that is anticipating to raise rates by nearly seven times this year as it is fighting rising inflation. The most widely used S&P 500 index (.SPX) is down 5.5 percent so far this year, while the technology-focused Nasdaq (.IXIC) had dropped 9.3%.Insecurity that a rapid inflationary cycle by central banks moving ahead will weaken high-risk assets has made it difficult for some traders to maintain their bullish view on bitcoin and the other cryptos. This asset class has already been classified as having high volatility.Escalating tensions in Ukraine and Ukraine, where Washington warned that a Russian invasion could commence at any time, may result in market swings analysts said. find out moreBitcoin It has "really become the ultimate movement trade," and there are numerous risks that could create a 40% drop in a flash," said Ed Moya an analyst at Oanda.Bitcoin's volatility hasn't stopped some analysts from trying to determine what the price of Bitcoin is or to identify potentially significant prices.Analysts at JPMorgan believe that bitcoin's fair value at around $38,000 , or 15% below its recent price , based upon its volatile nature in comparison to that of gold, an alternative asset which investors typically use to protect their portfolios from fluctuations in the economy and inflation.Vanda Research, meanwhile, stated in a recent report that most of the bearish bets made on a less bitcoin price were made at about $47,000 "there may be a substantial short-squeeze when the threshold is crossed and retail investors return back to crypto-trading."<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe>While bitcoin's correlations with and the S&P500 rose to an all-time-high on January 31, as per research from BofA Global Research, undercutting some of the arguments made by those hoping to utilize the cryptocurrency as an insurance against market volatility.The next week, investors will receive minutes from the most recent Fed meeting on monetary policy, which is due out on Wednesday. Walmart (WMT.N) as well as chipmaker Nvidia Corp (NVDA.O) will be among the companies that report resultsas earnings season gets underway.A number of investors are trying to weather the volatility in bitcoin, hoping that the long-term benefit of blockchain technology, the built in supply limit, and the effects its technology produces, will last regardless of the numerous price swings.Jurrien Timmer, director of macro-economics at Fidelity is comparing the current cryptocurrency market to the volatility experienced by tech stocks during the dot-com bubble more than two decades ago. boom-and-bust time that saw just a handful of companies left standing."Amazon remains in business and Apple is also around, and they're both bigger than ever. the thinking is that for bitcoin, it'll do the same," says the expert. "But it's not immune to these waves of speculation or sentiment."Bitcoin could reach 100,000 by 2023, Timmer has said, using his supply and demand models.Others believe that mature cryptocurrencies such as bitcoin and ether are unlikely in delivering the incredible gains that they have had since their inception.Instead, they are turning to the vast world of alternative currencies that are creating to profit of the wealth pouring into the crypto-currency space such as the metaverse and NFTs that saw $30 billion worth of venture capital investments last year, as reported by PitchBook?.<img width="362" src="">Certain altcoins include cosmos Terra Luna, and Polkadot which are down 20.5 percent as of 38%, 20.5% and 25.5 percentage year-to-date as per coinmarketcap.com.Understanding the risks related to decentralized finance and the risk of them likely to be one of principal challenges facing investors in 2022. Lily Francus, director of quantitative research strategy at Moody's Analytics.Cryptocurrencies "are going to be extremely uncertain in the future, yet there are significant players both on the institutional side and the retail side that are increasing, so interest is still growing," said Oanda's Moya.

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