p>Investors are ready for further exuberance in bitcoin and cryptocurrency, as fears of the hawkishness of the Federal Reserve threaten to squelch risk appetite across markets.</p><p>The usual volatility associated with cryptocurrencies is on full display in recent weeks. Bitcoin is the largest cryptocurrency, has risen by around 33% over the course of Jan. 24. The price was last seen at $43,850. The price has risen from drop that cut price in half from November's record-setting high. Its major rival, Ether, is climbing around 40% since Jan. 24 with a price of around $3200 as of Jan. 24, following a 56 percent decline from its record-setting $4,868 that was in November.</p><p></p><p>The proponents of cryptocurrency previously claimed that they had no connection to other assets bitcoin and its ilk have seen huge gains in the last two years. They have risen alongside stocks as the Fed in addition to other central banks released unprecedented levels of stimulus into the world economy. https://carwolf3.werite.net/post/2022/02/12/The-Best-Crypto-trading-Bots-coinbase-prothat-works has risen 1,039% since March 2020 and Ethereum has grown by 2,940%, though the growth in both cryptos have been slowed by frequent stomach churning selling.</p><p></p><p>Their recent volatility is in line with a larger market selloff driven by investors making adjustments to their portfolios to account for an even more aggressive Fed which is expecting to raise rates at least seven times this year to is fighting rising inflation. The benchmark S&P 500 index (.SPX) is down 5.5 percent year-to-date, whereas the technology-focused Nasdaq (.IXIC) also has lost 9.3 percent..</p><p>Fears that a ferocious current tightening in the central banking system moving forward could stifle the risky assets have made it difficult for some traders to maintain their optimistic outlook on bitcoin as well as other cryptos and other asset classes, which are already classified as having high volatility.</p><p></p><p>Tensions are rising in Ukraine in Ukraine, where Washington warned that a Russian invasion could be imminent anytime, may lead to market shifts in the future, investors said. find out more<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe></p><p>Bitcoin could "really become the ultimate trading platform and there are so many risk factors that could cause a 40% plunge completely out of the blue," said Ed Moya Senior Analyst at Oanda.</p><p>Its volatility in Bitcoin hasn't stopped analysts from trying to determine the value of the currency or to identify potentially significant price points.</p><p>Analysts at JPMorgan estimate bitcoin's current worth at $38,000 , or 15% below its current price based upon its fluctuation in comparison to that of gold, which is another asset many investors use to protect their portfolios from market volatility and inflation.</p><p>Vanda Research, meanwhile, reported in a recent document that most of the bearish bets on a weaker bitcoin price were taken at approximately $47,000 "there may be a large short-squeeze , if the threshold is crossed, and retail investors return to trading with crypto."</p><p>While bitcoin's correlations with and the S&P500 hit the highest level ever on January 31st, as per data provided by BofA Global Research, undercutting some of the arguments made by those hoping to make use of bitcoin as protection against market volatility.</p><p><img width="396" src="https://www.thetimes03jan2009.com/wp-content/uploads/2015/03/genesis-block-newspaper-bitcoin.jpg">Investors this week will get minutes from the most recent Federal Reserve meeting on monetary policy due out Wednesday. Walmart (WMT.N) as well as chipmaker Nvidia Corp (NVDA.O) will be among the companies to report resultsas earnings season continues.</p><p>A few investors are preparing themselves to ride out the volatility in bitcoin, believing that the long-term benefit that blockchain technologies offer, the built-in supply limit and the network effects it has created, will endure despite the frequent price changes.</p><p>Jurrien Timmer director of macro-economics at Fidelity is comparing the current speculation on cryptocurrency to volatility experienced by tech stocks during the dotcom boom nearly two decades ago. boom-and-bust time that saw very few firms left standing.</p><p>"Amazon continues to exist and Apple continues to exist and the two are bigger than ever. it's believed that for bitcoin, it'll do as well," he said. "But http://www.benhvienvinhchau.com/Default.aspx?tabid=120&ch=13381 's not immune to these waves of speculation or sentiment."</p><p>Bitcoin could reach the $100,000 mark by 2023. Timmer says, as per his supply/demand calculations.</p><p>Others believe that mature cryptos like Bitcoin and Ethereum are not likely in delivering the astonishing gains that they have enjoyed 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 flooding into the crypto space, including the metaverse and NFTs. NFTs accounted for more than more than $30 billion of venture capital investments last year, according PitchBook?.</p><p>There are altcoins that include cosmos Terra Luna, and Polkadot that are down 20.5% in the past three months, with 38% and 25.5 percentage year-to-date, from coinmarketcap.com.</p><p>The understanding of the risks that come with decentralized finance and the risk of them going to be one the main concerns for investors in 2022, said Lily Francus, director of quantitative research strategy at Moody's Analytics.</p><p>Cryptocurrencies "are likely to remain extremely volatile going forward, but there are some major players on the institutional side and the retail side that are still expanding, so the market continues to grow," said Oanda's Moya.</p>


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