p>Investors are looking forward to more gyrations in bitcoin and other cryptocurrencies, amid concerns that the hawkishness of the Federal Reserve threaten to squelch the appetite for risk across markets.</p><p>The volatility normally associated with cryptocurrency is on full display over the past few weeks. Bitcoin is the biggest cryptocurrency, is now up nearly 33% as of Jan. 24 and was recently trading at $43,850. http://pyttkvtphcm.gov.vn/question/how-to-buy-bitcoin-295/ has recovered from an inflection point that cut its price by half from its November record high. http://www.drugoffice.gov.hk/gb/unigb/www.openlearning.com/u/jennycoduti-r71gk6/about/?share=1 , ether , is up around 45percent since January. 24, at about $3,200 as of Jan. 24, following a 56 percent decline from its record high of $4,868, also in November.</p><p></p><p>The proponents of cryptocurrency previously claimed that they had no connection to other assets as a result, bitcoin and its peer experienced huge gains over the recent two years, gaining and gaining momentum alongside stocks as Fed and central banks released unimaginable amounts of stimulus to the global economy. Bitcoin is up 1,039 percent since March of 2020 and Ether has gained 2940%. But the gains in both have been disrupted by stomach-churning selloffs.</p><p></p><p>Their recent volatility is a result of a larger market selloff caused by investors changing their portfolios to account for an increasingly aggressive Fed, which is now likely to increase rates up to seven times this year in order to combats the rising cost of living. The benchmark S&P 500 index (.SPX) is down 5.5 percent so far this year, while the technology-focused Nasdaq (.IXIC) also has lost 9.3 percent..</p><p>The fear that an aggressive policy of central banks tightening moving into the future will harm risky assets has made difficult for some traders to maintain their bullish outlook regarding bitcoin and various cryptos which is an asset class that has been associated with extreme volatility.</p><p></p><p>Tensions are rising in Ukraine as Washington warned that a Russian invasion could happen anytime soon, can spark broad market moves Investors said. read more</p><p>Bitcoin can "really become the ultimate market for momentum trading and there are several risks that could cause a 40% drop without warning," said Ed Moya as the senior analyst of Oanda.</p><p>Its volatility in Bitcoin hasn't stopped analysts from trying to figure out whether the currency is worth its value or identify potential price points.</p><p>Analysts at JPMorgan believe that bitcoin's fair value to be around $38,000 , which is about 15% less than its present price - based on its fluctuations in comparison to the volatility of gold. Gold is an asset commonly used by investors to protect their portfolios from the effects of inflation and economic uncertainty.</p><p>Vanda Research, meanwhile, wrote in a report that the bulk of bearish bets made on a less bitcoin price were placed at about $47,000 "there is a possibility of a significant short-squeeze should the threshold is met, and retail investors are reintroduced to trading with crypto."</p><p>In addition, the correlations between bitcoin and the S&P 500 hit the highest level ever on January 31 according to data collected by BofA Global Research, undercutting the argument of those who hope to utilize bitcoin as a hedge against market turbulence.</p><p>Investors are expected next week to receive minutes from the Fed's most recent meeting on monetary policy due to be released on Wednesday. https://www.transtats.bts.gov/exit.asp?url=https://www.kityfeed.com/other-market/royal-q.html (WMT.N) as well as chip maker Nvidia Corp (NVDA.O) will be among the companies to announce resultsas the corporate earnings season gets underway.</p><p><iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe>A number of investors are trying to ride out the volatility in bitcoin, assuming that the longer-term value to blockchain technology the built in supply limit, and the effect on networks it produces, will endure despite the frequent price changes.</p><p>Jurrien Timmer, director of global macro at Fidelity is comparing the current speculation on cryptocurrency to turbulent tech stocks of the dot-com era more than 20 years ago, a boom and bust cycle that left relatively few businesses left standing.</p><p>"Amazon is still around , and Apple remains around and they're bigger than they've ever been and it's believed that for bitcoin that will be like Apple," the analyst said. "But bitcoin isn't immune to the waves of speculation and sentiment."</p><p>Bitcoin could reach $100,000 by 2023. Timmer claimed, as per his supply/demand calculations.</p><p>Others believe mature cryptocurrencies like Bitcoin and Ether are unlikely to produce the astonishing gains that they have enjoyed since their beginning.</p><p><img width="355" src="https://www.mcryptoz.com/wp-content/uploads/2022/02/bitcoin-mining.jpg">Instead, they're looking at the universe of brand new alternative currencies that are being made to make the most of the cash flowing into the crypto sector which includes the metaverse as well as NFTs, which saw $3 billion in venture capital investments last year, according PitchBook?.</p><p>A few altcoins are cosmos Terra Luna, and Polkadot in the range of 20.5 percent in the past three months, with 38% and 25.5 percentage year-to-date According to coinmarketcap.com.</p><p>The understanding of the risks that come with their decentralized nature and financial systems is going to be one of the main concerns for investors in 2022, said Lily Francus, director of quantitative research strategy at Moody's Analytics.</p><p>Cryptocurrencies "are going to remain very unstable in the future, but there are significant players on both the institutional side and the retail side that are growing, so the interest is growing," said Oanda's Moya.</p>


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Last-modified: 2022-02-13 (日) 11:17:15 (811d)