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p>Investors are expecting more exuberance in bitcoin and cryptocurrencies, as worries over an overly aggressive Federal Reserve threaten to squelch the risk-taking appetite in markets.<img width="443" src="">The extreme volatility usually associated with cryptocurrencies is evident over the past few weeks. Bitcoin is the biggest cryptocurrency, is up by about 33% from Jan. 24. http://www.socialbookmarkssite.com/user/beetlebag6 has been trading at $43,850. It's recovering from falling to a point that cut the prices in half compared to November's record peak. Its major rival, ether , has risen by around 40% since Jan. 24, at about $3,200 after a nearly 56 percent decline from its record-setting $4,868 as of November.Even though advocates of cryptocurrencies touted their lack of correlation to other assets however, bitcoin as well as its rivals were able to make huge gains during the past two years. https://www.folkd.com/submit/anotepad.com/notes/swt4ybbg/ 've been rising alongside stocks as Fed and central bankers pumped huge amounts of stimulus into the global economy. Bitcoin is up 1,039 percent from March 2020. the price of ether has increased by 2,940%. The increases in both cryptocurrencies have been cut short by a variety of stomach churning selling.The recent volatility in the market has been accompanied by a wider market selloff that was triggered by investors revising their portfolios so that they account for the more aggressive Fed, which is now expected to raise rates in the range of seven times during the year as it combats rising inflation. The index that is the benchmark S&P 500 index (.SPX) is down 5.5 percent over the past year, and the tech-driven Nasdaq (.IXIC) also has dropped 9.3 percent..<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe>The fear that an aggressive pace of tightening by the central bank moving further will hit these assets has made it difficult for traders to maintain their bullish outlook for bitcoin and other cryptos this asset class is already marked by its high volatility.Intensifying tensions in Ukraine in Ukraine, where Washington warned a Russian invasion could commence anytime soon, can generate market-wide volatility, investors said. learn moreBitcoin can "really become the most powerful movement trade," and there are so many risks that can lead to a 40% drop in a flash," said Ed Moya who is a senior analyst at Oanda.The volatility of Bitcoin hasn't stopped experts from trying to assess what the price of Bitcoin is or identify potential price levels.Analysts at JPMorgan estimate bitcoin's current valuation at around $38,000 which is around 15% below its current price - based on its variation in relation to that in gold, a similar asset which investors typically use to protect their portfolios from risk of economic instability and inflation.Vanda Research, meanwhile, wrote in a report that the bulk of negative bets on the weaker bitcoin price were placed at approximately $47,000 "there may be a large short squeeze if the threshold is met and retail investors return into crypto-trading."Furthermore, correlations between bitcoin and the S&P500 reached the highest level ever on January 31, as per research that came from BofA Global Research, undercutting the case for those hoping to utilize bitcoin as an instrument to hedge against market volatility.Investors will be getting minutes of the Fed's last meeting on monetary policy to be sent to be released on Wednesday. https://public.sitejot.com/bikegirdle3.html (WMT.N) and chip maker Nvidia Corp (NVDA.O) will be among the companies reporting resultsas the corporate earnings season kicks off.Some investors are ready to take advantage of the volatility in bitcoin, assuming that the potential long-term investment in blockchain technology the built-in supply limit and the effect on networks it produces, will endure even in the face of frequent price fluctuations.Jurrien Timmer, director of global macro at Fidelity and Fidelity, compared the current cryptocurrency speculation to turbulent tech stocks of the dot-com bubble more than two decades ago. It was a boom-and-bust period that saw just a handful of businesses left standing."Amazon is still going strong and Apple remains around and they're more powerful than ever, and the assumption is that for bitcoin it will be as well," he said. "But it's not immune to these waves of speculation or sentiment."Bitcoin could hit the $100,000 mark by 2023, Timmer says, basing his supply/demand models.Others think that mature cryptocurrency such as Bitcoin and Ethereum are not likely to make the eye-watering gains they have notched since their creation.Instead, they're turning at the universe of brand new alternative coins developing to take advantage of the cash flowing into the crypto industry, including the metaverse and NFTs. These coins saw more than $30 billion of venture capital investment in the last year, according to PitchBook?.There are altcoins that include cosmos Terra Luna, and Polkadot, which are down around 20.5 percent 35.8%, 38.8% and 25.5 percent year-to-date, respectively, as per coinmarketcap.com.Knowing the risks associated with the financial sector and decentralized banking is going to be one the main concerns for investors by 2022, said Lily Francus, director of quantitative research strategy at Moody's Analytics.Cryptocurrencies "are going to remain very volatile , but there are some major players on the institutional side and the retail side who are expanding, so the market is growing," said Oanda's Moya.

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