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p>Investors are preparing for further excitement in bitcoin and the other cryptocurrencies, as worries over the direction of the Federal Reserve threaten to squelch the market's appetite for risk.The volatility commonly in cryptocurrencies has been all over the news during the last few weeks. Bitcoin is the biggest cryptocurrency, has risen by around 33% over the course of Jan. 24. It has been trading at $43,850, bouncing back from the plunge that cut its prices in half compared to November's record-setting price. The primary competitor, ether , is up around 45% since Jan. 24, at about $3,200 in the wake of a near 56 percent decline from its record-setting $4,868 that was in November.While advocates of cryptocurrency once denied their correlation to other assets the bitcoin market and its competitors saw huge gains over the two years that followed, rising in tandem with stocks as Fed or other central banks unleashed huge amounts of stimulus into the world economy. https://lexsrv3.nlm.nih.gov/fdse/search/search.pl?match=0&realm=all&terms=https://royalqss.com/ has risen 1,039 percent since March of 2020 and Ether has gained 2,940%. The surges in both cryptocurrency have been marred by numerous stomach churning selling.Their recent volatility has occurred amid a broad market selloff triggered by investors revising their portfolios so that they account for an ever-increasingly aggressive Fed that is scheduled to raise rates as high as seven times this year as it battles rising inflation. The benchmark S&P 500 index (.SPX) is down 5.5 percent year-to-date, whereas the technologically-oriented Nasdaq (.IXIC) was down by 9.3%. lost 9.3 percent..Insecurity that a rapid policy of central banks tightening going forward will depress high-risk assets has made it difficult for some traders to maintain their positive view for bitcoin and cryptos, an asset class already marked by its high volatility.A rise in tensions within Ukraine which is where Washington warned that a Russian invasion could occur at any moment, could generate market-wide volatility investors have warned. find out moreBitcoin was "really become the ultimate trading platform and there are several risks that could create a 40% drop completely out of the blue," said Ed Moya Oanda's senior analyst. Oanda.Its volatility in Bitcoin hasn't stopped analysts from trying to determine whether the currency is worth its value and identifying potential prices.Analysts at JPMorgan estimate bitcoin's current fair value to be around 38,000 dollars, about 15% lower than the current cost based on the high volatility in comparison to that in gold, a similar asset traders often use to hedge their portfolios against volatility in the economy and inflation.Vanda Research, meanwhile, revealed in a new note that the bulk of bearish bets made on a less bitcoin price were placed at approximately $47,000 "there could be a major short-squeeze if this threshold is exceeded, and retail investors are reintroduced to crypto-trading."Furthermore, correlations between bitcoin and the S&P500 hit the all-time highest on Jan 31st, as per data from BofA Global Research, undercutting some of the arguments made by those hoping to make use of bitcoin as an asset to shield against market volatility.Investors next week can look forward to minutes from the last Fed session on monetary policy that will be due to be released on Wednesday. Walmart (WMT.N) as well as chipmaker Nvidia Corp (NVDA.O) will be among the companies to report resultsas the corporate earnings season gets underway.<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe>A few investors are preparing themselves to weather the volatility in bitcoin, betting that the longer-term value of blockchain technology, its built-in supply limit as well as the network effect the technology creates will continue to last even in the face of frequent price fluctuations.Jurrien Timmer, director of global macro at Fidelity has compared the current speculation in cryptocurrencies to the fluctuations in tech stocks seen during the dotcom boom nearly two decades ago. This was a boom-and bust period in which there was a comparatively small group of firms left standing."Amazon is still going strong and Apple is still around and they're bigger than they've ever been and we're thinking that for bitcoin it'll be exact," He said. "But bitcoin isn't immune to those waves of speculation and sentiment."Bitcoin could hit $100,000 as soon as 2023, Timmer is claiming, according to his supply/demand model.Some believe that mature cryptocurrency like bitcoin and ether aren't likely to make the spectacular gains they have made since their creation.Instead, they're looking to the vast world of alternative coins being developed to make use of the wealth pouring into the crypto industry, including the metaverse and NFTs. NFTs accounted for more than an investment of 30 billion from venture capital investment in 2013, according to PitchBook?.There are altcoins that include cosmos Terra Luna, and Polkadot that are all down by 20.5 percent as of 38%, 20.5% and 25.5 percent from the beginning of the year, respectively, according to coinmarketcap.com.<img width="416" src="">Understanding the risks connected to the financial sector and decentralized banking 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.Cryptocurrencies "are likely to remain extremely uncertain in the future, yet there are some significant players on both the institutional side and the retail side who are growing, so the interest continues to grow," said Oanda's Moya.

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