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p>Investors are ready for further swings in bitcoin as well as other cryptocurrency as concerns about the direction of the Federal Reserve threaten to squelch market risk appetite.The volatility normally associated with cryptocurrencies is on full display in recent weeks. Bitcoin is the biggest cryptocurrency, has gained roughly 33% from January. 24 and is currently trading at $43,850, bouncing back from an inflection point that cut its price by half from its record price. Its main rival, ether is up 45percent since Jan. 24 at around $3,200 after a nearly 56 percent drop from its record-setting $4,868 during November.While proponents of cryptocurrencies once claimed that they had no connection to other assets bitcoin and its peers enjoyed huge gains over two years that followed, rising like stocks when the Fed or other central banks have pumped incredible amounts of stimulus into the world economy. Bitcoin has increased by 1,039 percentage since March 2020. Ethereum has seen a rise of 2,940%. The rises of both currencies have been interrupted by numerous-stomach churning selloffs.The recent volatility in the market is part of a larger market selloff driven by investors shifting their portfolios around to account for an increasingly aggressive Fed that is predicted to raise rates 7 times during the year as it fights surging inflation. The most widely used S&P 500 index (.SPX) is down 5.5 percent so far this year, while the tech-heavy Nasdaq (.IXIC) had dropped 9.3 percent..Insecurity that a rapid loosening and tightening cycles by central banks moving forward will hurt these assets has made it difficult for traders to maintain their optimistic outlook regarding bitcoin and other digital currencies. This asset class has already been recognized as having a high degree of volatility.Rising tensions in Ukraine in Ukraine, where Washington warned that a Russian attack could start at any moment, could create market turmoil investors have warned. Find out moreBitcoin was "really become the most powerful the market that has momentum, and there's so many risk factors that could cause a 40% fall completely out of the blue," said Ed Moya Oanda's senior analyst. Oanda.Bitcoin's volatility hasn't stopped some experts from trying to assess the market's value, or identify possible price points.Analysts at JPMorgan estimate bitcoin's current fair value to be around $38,000 . That's about 15% below its current price , based upon its fluctuation in comparison to that of gold, another asset people often invest in to protect their portfolios from fluctuations in the economy and inflation.Vanda Research, meanwhile, reported in a recent document that the bulk of bearish bets based on a weaker bitcoin price were taken at around $47,000, and "there is a possibility of a significant short-squeeze when the threshold is exceeded, and retail investors return to trading crypto."<img width="322" src="">Additionally, the correlations between bitcoin and the S&P 500 climbed to an all time high on Jan 31, according to data taken from BofA Global Research, undercutting the argument of those who hope to utilize the cryptocurrency as the hedge against market volatility.Investors are expected next week to receive minutes of the Fed's latest gathering on monetary policies, which will come to be released on Wednesday. Walmart (WMT.N) along with chip maker Nvidia Corp (NVDA.O) will figure among those releasing numbers as corporate earnings season begins.Some investors are making plans to weather the volatility of bitcoin, hoping that the value that blockchain technologies offer, its built in supply limit, and the network effects its technology produces, will last regardless of the numerous price swings.Jurrien Timmer, director of global macro at Fidelity The Fidelity director compared the present Bitcoin speculation to high volatility tech stocks experienced during the dotcom era over 20 years ago, a boom-and-bust period that saw relatively few firms left standing."Amazon is still in existence and Apple is still in existence and the two are bigger than ever. it's believed that for bitcoin, it'll be just similarly," Mr. Smith said. "But it's not immune to those waves of speculation and sentiment."<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe>Bitcoin could hit $100,000 by 2023. Timmer stated, basing his supply/demand models.Other analysts believe that mature cryptocurrencies like bitcoin and ether aren't likely for the kind of incredible gains that they have had since their beginning.Instead, they're looking to the wide world of alternative currencies that are being made to make the most of the wealth flowing into the crypto sector, including the metaverse and NFTs, which accounted for $30 billion worth of venture capital investment in 2017, according to PitchBook?.There are altcoins that include cosmos Terra Luna, and Polkadot in the range of 20.5 percent as of 38%, 20.5% and 25.5 percent from the beginning of the year, respectively by coinmarketcap.com.Knowing the risks associated with their decentralized nature and financial systems is going to be one of principal challenges facing investors in 2022. https://telegra.ph/How-to-Buy-Bitcoin-02-13-46 , director of quantitative research strategy at Moody's Analytics.Cryptocurrencies "are going to remain very unpredictable in the near future, but there are some significant players on both the institutional and retail side that are still increasing, so interest is still growing," said Oanda's Moya.

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