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p>Investors are anticipating further fluctuations in bitcoin and other cryptocurrencies, amid concerns that an overly hawkish Federal Reserve threaten to squelch risks across markets.The volatility traditionally associated with cryptocurrency is all over the news during the last few weeks. Bitcoin , the largest cryptocurrency, has been up around 33% since January. 24 and has recently traded at $43,850. This is a rebound from an inflection point that cut its prices in half compared to November's record-setting peak. http://www.docspal.com/viewer?id=- , ether , has risen by around 40% since Jan. 24, at about $3,200 after a 56% nosedive from its record-setting $4,868 which was also recorded in November.When advocates of cryptocurrencies denied their correlation to other assets bitcoin and its ilk had huge gains over the last two years. They have risen like stocks when the Fed in addition to other central banks infused unprecedented amounts of stimulus in the world economy. Bitcoin has increased by 1,039 percent since March of 2020 and the ether price has increased 2,940%, though the rallies in both cryptocurrencies have been slowed by a series of stomach-churning sales.Their recent volatility has occurred in the midst of a wider market selloff that was triggered by investors making adjustments to their portfolios to account for a more aggressive Fed that is expecting to raise rates more than seven times over the course of this year, as it combats the rising cost of living. The benchmark S&P 500 index (.SPX) is down 5.5% year-to-date, while the technologically-oriented Nasdaq (.IXIC) also has lost 9.3%.An edgy Central Bank tightening process moving further will hit the risky assets have made it difficult for some traders to maintain their optimistic outlook on bitcoin and other cryptocurrency the asset class that has been identified as being extremely volatile.Rising tensions in Ukraine which is where Washington warned that a Russian invasion could begin at any moment, could create market turmoil, investors said. Find out moreBitcoin does "really become the ultimate trading platform and there are so many risks that can result in a 40% decline seemingly out of thin air," said Ed Moya as the senior analyst of Oanda.However, the volatility of Bitcoin isn't stopping some experts from trying to establish the currency's fair value or even identify important price levels.<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe>Analysts at JPMorgan believe that bitcoin's fair value as $38,000 , which is about 15% less than its previous price , based on its high volatility in comparison to that of gold. Gold is a second asset commonly used by investors to protect their portfolios from volatility in the economy and inflation.Vanda Research, meanwhile, wrote in a report that the majority of bets that were speculative on a lower bitcoin price had been placed at around $47,000, and "there could be an enormous short-squeeze , if the threshold is crossed and retail investors return to trading with crypto."While bitcoin's correlations with and the S&P500 rose to the all-time highest on Jan 31 according to data of BofA Global Research, undercutting the claims of those who plan to utilize bitcoin as protection against market volatility.Investors can look forward to minutes from the Fed's most recent annual meeting of its monetary policy committee, due out on Wednesday. Walmart (WMT.N) in addition to chipmaker Nvidia Corp (NVDA.O) will include among the companies releasing resultsas earnings season begins.Some investors are making plans to weather the volatility in bitcoin, betting that the long-term advantages in blockchain technology the built in supply limit, and the effects it has created, will endure regardless of the frequent price fluctuations.Jurrien Timmer, director of macro-economics at Fidelity explained that the current cryptocurrency market to the fluctuations in tech stocks seen during the dotcom period more than 20 years ago, a boom and bust era that saw only relatively few firms left standing."Amazon is still active and Apple is also around, and they're bigger than they've ever been and we're thinking that for bitcoin it'll be the same," The man said. "But it's not immune to these waves of speculation or sentiment."Bitcoin could reach $100 million by 2023. Timmer claimed, in accordance with his supply/demand models.Others believe that mature cryptocurrencies such as the bitcoin and ether won't be able in delivering the astonishing gains that they have enjoyed since their founding.Instead, they're looking at the universe of brand new alternative currencies that are creating to profit of the money flowing into the space of crypto, including the metaverse and NFTs that saw 30 billion dollars worth of venture capital investment in 2013, according to PitchBook?.<img width="375" src="">Certain altcoins include cosmos Terra Luna, and Polkadot and Polkadot, which are down about 20.5% as of 38%, 20.5% and 25.5% year-to-date, respectively on the basis of coinmarketcap.com.Knowing the risks associated with the decentralized financial system and its risks is likely to be among the main challenges for investors in 2022. Lily Francus, director of quantitative research strategy at Moody's Analytics.Cryptocurrencies "are going to remain unstable in the future, but there are significant players both on the institutional and retail side who are growing, so the interest is growing," said Oanda's Moya.

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