p>Investors are waiting for more excitement in bitcoin and the other cryptocurrencies, as worries over an uncompromising Federal Reserve threaten to squelch the appetite for risk across markets.</p><p>The typical volatility associated with cryptocurrencies has been prominent over the past few weeks. Bitcoin is the biggest cryptocurrency, is up about 33% from Jan. 24 and is currently trading at $43,850, rebounding from an inflection point that cut its cost by half from November's record highest. http://cqms.skku.edu/b/lecture/819396 , Ethereum, is up by about 45percent from Jan. 24 and is trading at $3,200 with a 58 percent drop from the record high of $4,868, the same month in November.</p><iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe><p></p><p>Though advocates of cryptocurrencies have denied their correlation to other assets however, bitcoin as well as its rivals were able to make huge gains during the last two years. They have risen in tandem with stocks as Fed together with the other major central banks released huge amounts of stimulus into the world economy. Bitcoin is up 1,039 percent from March 2020. Ether has gained 2940%, however the gains in both have been slowed by a series of stomach-churning sales.</p><p></p><p>The recent volatility in the market has been accompanied by a wider price decline driven by investors revising their portfolios so that they account for a more aggressive Fed which is scheduled to raise rates in the range of seven times during the year as it combats the rising cost of living. The standard S&P 500 index (.SPX) is down 5.5% year-to-date, while the high-tech Nasdaq (.IXIC) dropped 9.3%. lost 9.3 percent..</p><p>The fear that an aggressive government tightening of the pace moving forward could stifle more risky assets have made difficult for traders to maintain their optimistic outlook on bitcoin as well as other cryptos which is an asset class that has been known for its extreme volatility.</p><p></p><p>Intensifying tensions in Ukraine in Ukraine, where Washington warned that a Russian invasion could take place anytime soon, can spur market changes across the globe, investors said. Read more</p><p>Bitcoin can "really become the most powerful mover and multiple risks that could result in a 40% decline seemingly out of thin air," said Ed Moya the senior analyst at Oanda.</p><p>Some analysts from trying to determine the value of the currency or identify possible prices.</p><p>Analysts at JPMorgan estimate bitcoin's current valuation at around $38,000 , or 15% less than its current price based on its variation in relation to that of gold, an alternative asset people often invest in to protect their portfolios from inflation and economic uncertainty.</p><p>Vanda Research, meanwhile, has stated in a note that the majority of bearish bets based on a weaker bitcoin were placed approximately $47,000 "there might be a massive short-squeeze , if the threshold is met, and retail investors return to crypto-trading."</p><p>As for the other side, correlations between the bitcoin and the S&P 500 climbed to an all-time-high on January 31 according to data that came from BofA Global Research, undercutting the argument of those who hope to take advantage of the cryptocurrency as an investment to protect against market volatility.</p><p><img width="395" src="https://g-crypt.com/wp-content/uploads/2019/07/bitcoin_mining_featured_image_1280_400.png">Investors in the coming week can expect minutes of the Fed's recent meeting on monetary policy to be sent out Wednesday. https://baitiran3.werite.net/post/2022/02/13/How-to-Buy-Bitcoin (WMT.N) and chipmaker Nvidia Corp (NVDA.O) will figure among those releasing resultsas the corporate earnings season continues.</p><p>A few investors are getting ready to take advantage of the volatility in bitcoin, assuming that the longer-term value from blockchain technology its built in supply limit, and the effect that it brings, will be able to endure despite the constant price swings.</p><p>Jurrien Timmer, director of global macro at Fidelity said that the current cryptocurrency market to the turbulent tech stocks of the dot-com boom more than two decades ago, a boom-and-bust period that saw a comparatively small group of companies remaining.</p><p>"Amazon continues to exist and Apple is still around and they're bigger than they've ever been and the assumption is that for bitcoin, it'll be just like Apple," he said. "But it's not immune to those waves of speculation and sentiment."</p><p>Bitcoin could hit $100,000 by 2023, Timmer has said, following his supply/demand modeling.</p><p>Other experts believe that mature cryptocurrency, such as bitcoin and ether are unlikely to be able to offer the same spectacular gains they have made since the time of their creation.</p><p>Instead, they're turning at the world of new alternative coins being created to take advantage of the money flowing into the crypto-currency space such as the metaverse and NFTs, which accounted for $30 billion worth of venture capital investments last year, as reported by PitchBook?.</p><p>There are a few altcoins like cosmos, Terra Luna, and Polkadot with a drop of around 20.5 percent as of 38%, 20.5% and 25.5 percent year-to-date, respectively at the time of coinmarketcap.com.</p><p>Understanding the risks linked to the decentralized financial system and its risks is going to be one of the most difficult issues for investors in 2022. Lily Francus, director of quantitative research strategy at Moody's Analytics.</p><p>Cryptocurrencies "are going to remain very volatile going forward, but there are some significant players on both the institutional side and the retail side that are still expanding, which means that the demand is still growing," said Oanda's Moya.</p>


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Last-modified: 2022-02-14 (月) 06:08:11 (810d)