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p>Investors are waiting for more excitement in bitcoin and the other cryptocurrencies, while worries about an aggressive Federal Reserve threaten to squelch the market's appetite for risk.The volatility typically associated with cryptocurrencies is displayed during the last few weeks. Bitcoin is the most popular cryptocurrency, has gained about 33% from Jan. 24. http://www.benhvienvinhchau.com/Default.aspx?tabid=120&ch=16887 has been trading at $43,850, rebounding from the plunge that cut its price by half from its November record-setting high. The main competitor, Ether, has gained around 45percent since Jan. 24 with a price of around $3200 with a 58 percent drop from its record-setting $4,868 during November.The advocates of cryptocurrency have previously touted their lack of correlation to other assets Bitcoin and its counterparts had huge gains over the last two years. They have risen like stocks when the Fed and other central banks introduced unprecedented amounts of stimulus in the world economy. Bitcoin is up 1,039 percentage since March 2020. Ethereum has grown by 2,940%, though the increase in both of them has been marred by numerous stomach churning selloffs.Their recent volatility has been accompanied by a wider price decline driven by investors refining their portfolios to prepare for an aggressive Fed, which is now anticipated to raise rates 7 times this year while it combats the escalating inflation. The benchmark S&P 500 index (.SPX) has dropped 5.5% year-to-date, while the technologically-oriented Nasdaq (.IXIC) lost 9.3%. lost 9.3%.Worries that an aggressive inflationary cycle by central banks moving forward will hamstring risksy assets has made difficult for some traders to keep their optimistic view regarding bitcoin and various cryptos which is an asset class that has been known for its extreme volatility.Rising tensions in Ukraine and Ukraine, where Washington warned that a Russian invasion could be imminent anytime soon, can trigger market movements across the board Investors warned. learn moreBitcoin was "really become the ultimate momentum trade and there are numerous risks that could cause a 40% drop that appears out of thin air," said Ed Moya who is a senior analyst at Oanda.However, the volatility of Bitcoin isn't stopping some analysts from trying to determine the market's value, or even identify important price levels.Analysts at JPMorgan believe that bitcoin's valuation at around $38,000 , or 15% less than its present price based upon its variability in comparison with the volatility of gold, which is another asset many investors use to protect their portfolios from fluctuations in the economy and inflation.<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe>Vanda Research, meanwhile, has stated in a note that the majority of negative bets on the weaker bitcoin price were placed at approximately $47,000 "there could be a large short-squeeze if the aforementioned threshold is crossed and retail investors return to trading in crypto."Additionally, the correlations between bitcoin and the S&P 500 hit an all-time high on January 31, according to data that came from BofA Global Research, undercutting some of the arguments made by those hoping to use bitcoin as an investment to protect against market volatility.Investors next week can look forward to minutes of the Fed's last meeting on monetary policy due out Wednesday. Walmart (WMT.N) as well as chip maker Nvidia Corp (NVDA.O) will include among the companies releasing results, as corporate earnings season kicks off.Some investors are ready to take advantage of the volatility in bitcoin, assuming that the long-term value proposition of blockchain technology, the built in supply limit, and the network effects it creates, will continue despite the frequent price changes.<img width="374" src="">Jurrien Timmer, director of global macro at Fidelity described the current cryptocurrency market to the high volatility tech stocks experienced during the dotcom boom nearly two decades ago, a boom-and bust period in which there was the most minuscule number of companies remain."Amazon remains in business and Apple is still around and they're larger than ever before and the idea is that with bitcoin it's going to be identical," He said. "But it's not immune to those waves of speculation and sentiment."Bitcoin could hit the $100,000 mark by 2023, Timmer says, according to his supply/demand model.Others believe mature cryptocurrencies like Bitcoin and Ethereum are not likely for the kind of stunning gains they have achieved since their creation.Instead, they're looking to the vast world of alternative coins being created to take advantage of the money flowing into the space of crypto, including the metaverse and NFTs which saw $30,000 worth of venture capital investments in 2017, according to PitchBook?.Some altcoins include cosmos Terra Luna, and Polkadot, which are down around 20.5% 35.8%, 38.8% and 25.5 percentages year-todate, respectively as per coinmarketcap.com.Understanding the risks related to them and decentralized finance is going to be one of the main challenges for investors by 2022, says Lily Francus, director of quantitative research strategy at Moody's Analytics.Cryptocurrencies "are going to remain volatile , but there are significant players on the institutional side and the retail side that are growing, therefore the interest is growing," said Oanda's Moya.

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