p>Investors are expecting more volatility in bitcoin and other cryptocurrencies, as worries over an uncompromising Federal Reserve threaten to squelch investors' appetite to take risks across the markets.</p><p>The volatility that is typically associated with cryptocurrency was visible over the past few weeks. Bitcoin is the largest cryptocurrency, has risen by around 33% since January. 24 and recently traded at $43,850, bouncing back from falling to a point that cut the price by half since November's record high. Its biggest rival, ether , is up around 45percent since Jan. 24 to around $3,200, following a nearly 56 percentage plunge from its previous record high of $4,868, during November.</p><p></p><p>When advocates of cryptocurrencies asserted that they are not tied to other assets, bitcoin and its peers had huge gains over the last two years. They have risen alongside stocks as the Fed or other central banks released massive amounts of stimulus into the global economy. Bitcoin has increased by 1,039 percent since March 2019, and ether has risen 2940%, however the surges in both cryptocurrency have seen a flurry of stomach-churning sales.</p><p></p><p>The recent volatility in the market is in line with a larger market selloff that was triggered by investors making adjustments to their portfolios to account for a more aggressive Fed which is forecast to raise rates more than seven times this year while it fights rising inflation. The benchmark S&P 500 index (.SPX) has dropped 5.5 percent year-to-date, whereas the high-tech Nasdaq (.IXIC) lost 9.3%. lost 9.3%.</p><p>Fears that a ferocious pace of tightening by the central bank moving ahead will weaken the risky assets have made it difficult for some traders to maintain their bullish view on bitcoin as well as other cryptos the asset class associated with extreme volatility.</p><p></p><p>Rising tensions in Ukraine that are escalating in Ukraine, where Washington warned that a Russian invasion could occur anytime soon, could spark broad market moves Investors have said. Read more</p><p>Bitcoin has "really become the ultimate trend trade, and there are multiple risks that could cause a 40% fall without warning," said Ed Moya who is a senior analyst at Oanda.</p><p>Bitcoin's volatility hasn't stopped some experts from trying to assess the value of the currency or point out potentially important price levels.<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe></p><p>Analysts at JPMorgan believe that bitcoin's fair value at around $38,000 , which is about 15% lower than its most recent price , based upon its high volatility in comparison to that in gold, a similar asset people often invest in to hedge their portfolios against volatility in the economy and inflation.</p><p>Vanda Research, meanwhile, wrote in a report that most of the bets that were speculative on a lower bitcoin were placed around $47,000 "there is a possibility of a significant short squeeze if the threshold is exceeded, and retail investors are reintroduced for crypto-trading."</p><p>As for the other side, correlations between the bitcoin and the S&P500 rose to an all-time record on January 31, according to data of BofA Global Research, undercutting the logic of those hoping that they can use the cryptocurrency to a hedge against market turbulence.<img width="307" src="https://absolutbitcoin.com/wp-content/uploads/2021/11/absolut-bitcoin-22-dead-1575x2048.jpg"></p><p>The next week, investors will receive minutes from the most recent Fed financial policy meeting due out Wednesday. Walmart (WMT.N) as well as chip maker Nvidia Corp (NVDA.O) will be among the companies that report results, as corporate earnings season begins.</p><p>Certain investors are bracing themselves to weather the volatility of bitcoin, betting that the long-term benefit to blockchain technology the built-in supply limit and the effect on networks it creates, will continue even in the face of frequent price fluctuations.</p><p>Jurrien Timmer, director of macro-economics at Fidelity and Fidelity, compared the current cryptocurrency market to the market turmoil that tech stocks endured during the dotcom boom nearly 20 years ago, a boom and bust era that saw only an extremely small number of companies remain.</p><p>"Amazon is still going strong and Apple continues to exist and they're both bigger than ever. they're hoping that for bitcoin that will be as well," explained the man. "But bitcoin isn't immune to the waves of speculation and sentiment."</p><p>Bitcoin could hit $100 million by 2023, Timmer stated, in accordance with his supply/demand models.</p><p>Other experts believe that mature cryptocurrency, such as Bitcoin and Ethereum are not likely to produce the spectacular gains they have made since their inception.</p><p>Instead, they are turning at the universe of brand new alternative coins developing to take advantage of the wealth pouring into the crypto industry such as the metaverse and NFTs. https://vuf.minagricultura.gov.co/Lists/Informacin%20Servicios%20Web/DispForm.aspx?ID=12596 saw around $30 billion worth worth of venture capital investments this year, as per PitchBook?.</p><p>There are altcoins that include cosmos Terra Luna, and Polkadot that are all down by 20.5 percent 35.8%, 38.8% and 25.5 percent, year-to date, respectively at the time of coinmarketcap.com.</p><p>Understanding the risks linked to them and decentralized financing is likely to be one of the most significant challenges for investors in 2022, according to Lily Francus, director of quantitative research strategy at Moody's Analytics.</p><p>Cryptocurrencies "are going to remain unstable going forward, however, there are significant players on both the institutional side and the retail side that are still growing, so interest is growing," said Oanda's Moya.</p>


トップ   編集 凍結 差分 バックアップ 添付 複製 名前変更 リロード   新規 一覧 単語検索 最終更新   ヘルプ   最終更新のRSS
Last-modified: 2022-02-14 (月) 06:32:43 (810d)