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p>Investors are ready for further fluctuations in bitcoin and other cryptocurrencies, while worries about an overly aggressive Federal Reserve threaten to squelch the market's appetite for risk.The extreme volatility usually that is characteristic of cryptocurrency has been fully displayed during the last few weeks. Bitcoin , the largest cryptocurrency, is climbing by about 33% from Jan. 24 and is currently trading at $43,850. https://bvphusanct.com.vn/Default.aspx?tabid=120&ch=25019 rebounding from an inflection point that cut its prices in half compared to November's record price. Its major rival, ether is up 45% since Jan. 24 at around $3,200 in the wake of a near 56 percentage plunge from its previous record high of $4,868, also in November.When advocates of cryptocurrencies declared that they were not linked to other assets the bitcoin market and its competitors enjoyed huge gains over recent two years. https://anotepad.com/notes/kqsyispw 've risen together with stocks, as the Fed as well as other central banks unleashed unprecedented amounts of stimulus in the world economy. Bitcoin has increased by 1,039% since March 2020 and Ether has gained 2940%, however the increases in both cryptocurrencies have stopped by several stomach churning selling.The recent volatility in the market has occurred amid a broad downturn in the market, triggered by people refining their portfolios to prepare for an even more aggressive Fed that is expected to raise rates as high as seven times over the course of this year, as it combats a rising rate of inflation. The standard S&P 500 index (.SPX) is down 5.5 percent since the start of the year, and the high-tech Nasdaq (.IXIC) lost 9.3%. dropped 9.3%.Concerns that an aggressive government tightening of the pace going forward will hamstring more risky assets have made difficult for traders to maintain their positive outlook on bitcoin and the other cryptos this asset class is already classified as having high volatility.The escalating tensions in Ukraine which is where Washington warned a Russian attack could start any time, could result in market swings, investors said. read moreBitcoin could "really become the ultimate market for momentum trading and there are so many risks that can cause a 40% plunge completely out of the blue," said Ed Moya of Oanda, a senior analyst. Oanda.Bitcoin's volatility hasn't stopped some analysts from trying to gauge whether the currency is worth its value or pinpoint potential price levels.<img width="462" src="">Analysts at JPMorgan estimate bitcoin's current actual value to be about $38,000 , which is about 15% lower than the current cost based on the variation in relation to that of gold, which is another asset many investors use to protect their portfolios from inflation and economic uncertainty.Vanda Research, meanwhile, released a statement that most of the bets that were speculative on a lower bitcoin price were placed at about $47,000 "there might be a massive short-squeeze in the event that the threshold is met, and retail investors are reintroduced into crypto-trading."While bitcoin's correlations with as well as the S&P 500 rose to the highest level ever on January 31, according to data of BofA Global Research, undercutting the logic of those hoping to use bitcoin as an investment to protect against market volatility.Investors can look forward to minutes from the most recent Federal Reserve annual meeting of its monetary policy committee, due out on Wednesday. Walmart (WMT.N) along with chip maker Nvidia Corp (NVDA.O) will be among the companies to announce resultsas the corporate earnings season begins.Some investors are ready to take advantage of the volatility in bitcoin, hoping on the long-term viability associated with blockchain technology the built-in supply limit and the impact its technology produces, will last regardless of the numerous price swings.Jurrien Timmer, director of macro-economics at Fidelity explained that the current bitcoin speculation to the turmoil experienced by tech stocks in the dotcom boom nearly two decades ago. boom-and-bust time that saw an extremely small number of companies remain."Amazon continues to exist and Apple is around as well and they're bigger than they've ever been and they're hoping that for bitcoin, it'll do similarly," says the expert. "But bitcoin isn't immune from those waves of speculation and sentiment."<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe>Bitcoin could reach the $100,000 mark by 2023. Timmer has said, according to his supply/demand model.Other experts believe that mature cryptocurrency, such as bitcoin and ether aren't likely to achieve the eye-watering gains they have notched since their beginning.Instead, they are turning at the world of new, alternative coins that are in development to capitalize of the investment flowing into the crypto sector which includes the metaverse as well as NFTs. http://bvkrongbong.com/Default.aspx?tabid=120&ch=427055 accounted for more than the equivalent of $30 billion in venture capital investment in 2013, according to PitchBook?.There are a few altcoins like cosmos, Terra Luna, and Polkadot that are all down by 20.5% in the past three months, with 38% and 25.5 percent year-to-date, respectively, as per coinmarketcap.com.Knowing the risks associated with decentralized finance and the risk of them going to be one of the main concerns for investors by 2022, says Lily Francus, director of quantitative research strategy at Moody's Analytics.Cryptocurrencies "are likely to remain extremely unstable in the future, but there are significant players on the institutional side and the retail side that are still growing, so the interest continues to grow," said Oanda's Moya.

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