p>Investors are waiting for more variations in bitcoin, and other cryptocurrencies, amid concerns that an aggressive Federal Reserve threaten to squelch risks across markets.</p><p>The volatility commonly associated with cryptocurrency was on full display in recent weeks. Bitcoin is the biggest cryptocurrency, has risen by about 33% from Jan. 24. https://drakeedward2.bravejournal.net/post/2022/02/13/How-to-Buy-Bitcoin has been trading at $43,850, bouncing back from it's plunge, which cut its price in half from November's record high. Its major rival, Ethereum, is up by about 45percent since Jan. 24, at about $3,200 after a nearly 56 percent plunge from its record-setting $4,868 at the time of the November.</p><p></p><p>While advocates of cryptocurrency once stated that they have no correlation to other assets bitcoin and its peers experienced huge gains over the past two years, rising together with stocks, as the Fed and other central banks introduced incredible amounts of stimulus into the world economy. Bitcoin has increased by 1,039 percent since March 2020. Ethereum has grown by 2,940%, though the increases in both cryptocurrencies have been slowed by frequent stomach churning sales.</p><p></p><p>Their recent volatility is in line with a larger market decline triggered by investors changing their portfolios to account for an increasingly aggressive Fed, which is now forecast to raise rates as high as seven times in the coming year as it combats the rising cost of living. The most widely used S&P 500 index (.SPX) is down 5.5 percent from the beginning of the year, while the technologically-oriented Nasdaq (.IXIC) was down by 9.3%. lost 9.3%.</p><p>Insecurity that a rapid government tightening of the pace moving ahead will weaken the risky assets have made it difficult for some traders to maintain their bullish view on bitcoin and other cryptocurrency, an asset class already identified with intense volatility.</p><p></p><p>A rise in tensions within Ukraine In Ukraine, where Washington warned a Russian invasion could take place any day, could also generate market-wide volatility Investors said. Learn more</p><p>Bitcoin will "really become the most powerful movement trade," and there are several risks that could cause a 40% loss out of nowhere," said Ed Moya of Oanda, a senior analyst. Oanda.</p><p>The volatility of Bitcoin's currency hasn't stopped analysts from trying to determine what the price of Bitcoin is or point out potential price levels.</p><iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe><p>Analysts at JPMorgan estimate bitcoin's current valuation at around $38,000 , or 15% less than its current price , based on its fluctuations in comparison to the volatility of gold, another asset which investors typically use to hedge their portfolios against price fluctuations and economic uncertainty.</p><p>Vanda Research, meanwhile, wrote in a report that most of the bearish bets made on a less bitcoin value were put in at approximately $47,000 "there could be a major short-squeeze in the event that the threshold is crossed and retail investors return to trading in crypto."</p><p>However, the correlations between Bitcoin as well as the S&P 500 rose to an all-time high on January 31st, according to research provided by BofA Global Research, undercutting some of the arguments made by those hoping to use bitcoin as protection against market volatility.</p><p>Investors in the coming week can expect minutes of the Fed's recent meeting on monetary policy due out on Wednesday. Walmart (WMT.N) in addition to chipmaker Nvidia Corp (NVDA.O) will be among those reporting results, as corporate earnings season kicks off.</p><p>A number of investors are trying to take advantage of the volatility in bitcoin, believing that the value for blockchain tech, the built-in supply limit and the network effect it has created, will endure despite frequent price swings.</p><p>Jurrien Timmer, director of global macro at Fidelity explained that the current bitcoin speculation to the volatile tech stocks that were experiencing during the dot-com bubble more than two decades ago. http://www.trungtamytechomoi.com.vn/Default.aspx?tabid=120&ch=18714 was a boom and bust period that resulted in an incredibly small percentage of firms left standing.</p><p>"Amazon is still around , and Apple remains around and they're bigger than ever . we're thinking that for bitcoin it's going to be similar," the analyst said. "But bitcoin isn't immune to the waves of speculation and sentiment."<img width="357" src="https://absolutbitcoin.com/wp-content/uploads/2021/11/absolut-bitcoin-22-dead-1182x1536.jpg"></p><p>Bitcoin could hit $100,000 as soon as 2023, Timmer told me, using his supply and demand models.</p><p>Some believe that mature cryptocurrency like bitcoin and ether are unlikely to deliver the kind of spectacular gains they have made since their creation.</p><p>Instead, they are turning to the wide world of alternative coins creating to profit of the cash flowing into the crypto sector which includes the metaverse as well as NFTs which saw the equivalent of $30 billion in venture capital investments in 2013, according to PitchBook?.</p><p>Some altcoins include cosmos, Terra Luna, and Polkadot that are down 20.5% three times, and 25.5 percentage year-to-date in accordance with coinmarketcap.com.</p><p>Knowing the risks associated with their decentralized nature and financial systems is going to be one the most difficult issues for investors in 2022, according to Lily Francus, director of quantitative research strategy at Moody's Analytics.</p><p>Cryptocurrencies "are going to remain volatile in the coming years, but there are some major players on the institutional and retail side who are expanding, so the market is growing," said Oanda's Moya.</p>


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Last-modified: 2022-02-14 (月) 01:56:34 (810d)