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p><img width="430" src="">Investors are anticipating more excitement in bitcoin and the other cryptos, as concerns over the aggressiveness of the Federal Reserve threaten to squelch the appetite for risk across markets.The volatility commonly associated with cryptocurrencies is displayed in recent weeks. Bitcoin is the most popular cryptocurrency, is now up about 33% from Jan. 24. It was last traded at $43,850. https://cloveredward9.werite.net/post/2022/02/13/How-to-Buy-Bitcoin regaining its value after the plunge that cut its price by half since November's record price. The major competitor, ether is up 45% since Jan. 24 at around $3,200 and has seen a nearly 56 percentage plunge from its previous record high of $4,868, as of November.While proponents of cryptocurrencies once declared that they were not linked to other assets Bitcoin and its counterparts saw huge gains over the period of two years. They soared along with stocks while the Fed along with other central banks pumped enormous amounts of stimulus into the world economy. Bitcoin has risen 1,039 percentage since March 2020. the price of ether has increased by 2,940%. However, the increases in both cryptocurrencies have been slowed by frequent stomach churning selling.The recent volatility in the market has come amid a broader market selloff caused by investors changing their portfolios to account for an increasingly aggressive Fed which is expecting to raise rates up to seven times this year to combats rising inflation. The index that is the benchmark S&P 500 index (.SPX) is down 5.5 percent since the start of the year, and the tech-heavy Nasdaq (.IXIC) has dropped 9.3 percent..Insecurity that a rapid inflationary cycle by central banks moving ahead will weaken high-risk assets has made it difficult for traders to maintain their bullish view on bitcoin and other cryptocurrency and other asset classes, which are already that has been identified as being extremely volatile.A rise in tensions within Ukraine the country where Washington warned that a Russian invasion could begin any time, could trigger market movements across the board Investors said. find out moreBitcoin could "really become the most powerful market for momentum trading and there are several risks that could cause a 40% drop from the midst of the night," said Ed Moya the senior analyst at Oanda.The volatility of Bitcoin's currency hasn't stopped analysts from looking to determine what the price of Bitcoin is and identifying potential price levels.Analysts at JPMorgan believe that bitcoin's fair value to be around $38,000 - some 15% less than its current price based on its volatile nature in comparison to that for gold, another investment that investors frequently use to hedge their portfolios against inflation and economic uncertainty.Vanda Research, meanwhile, has stated in a note that most of the bearish bets made on a less bitcoin price were taken at about $47,000 "there could be a large short-squeeze if the aforementioned threshold is met, and retail investors are reintroduced to trading with crypto."While bitcoin's correlations with and the S&P500 hit the all-time highest on Jan 31 according to data obtained from BofA Global Research, undercutting the argument of those who hope to use the cryptocurrency as an investment to protect against market volatility.Investors are expected next week to receive minutes of the Fed's latest monetary policy meeting, due out on Wednesday. https://controlc.com/5f419887 (WMT.N) as well as chipmaker Nvidia Corp (NVDA.O) will figure among those releasing results, as corporate earnings season continues.Some investors are ready to ride out the volatility in bitcoin, betting on the long-term viability associated with blockchain technology its built in supply limit, and the effect that it generates, will last despite the frequent price fluctuations.Jurrien Timmer director of macro-economics at Fidelity explained that the current cryptocurrency market to the turbulence tech stocks experienced during the dotcom era nearly two decades ago. It was a boom and bust cycle that left the smallest number of companies remaining.<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe>"Amazon remains in business and Apple is still around , and they're larger than ever before and the assumption is that for bitcoin, it'll do identical," Mr. Smith said. "But it's not immune to these waves of speculation or sentiment."Bitcoin could hit the $100,000 mark by 2023, Timmer claims, according to his supply/demand model.Others believe mature cryptocurrencies like bitcoin and ether aren't going to provide the breathtaking gains they have experienced since their inception.Instead, they are looking at the world of new alternative currencies that are developing to take advantage of the money flooding into the space of crypto which includes the metaverse as well as NFTs which saw $3 billion in venture capital investments last year, according PitchBook?.There are a few altcoins like cosmos, Terra Luna, and Polkadot with a drop of around 20.5% three times, and 25.5 percent for the year to date, respectively, in accordance with coinmarketcap.com.The understanding of the risks that come with them and decentralized finance is going to be one the main concerns for investors by 2022, says Lily Francus, director of quantitative research strategy at Moody's Analytics.Cryptocurrencies "are going to remain volatile for the foreseeable future, but there are some significant players on both the institutional side and the retail side that are increasing, so interest is still growing," said Oanda's Moya.

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