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p>Investors are ready for further volatility in bitcoin and other cryptocurrencies, as worries over a hawkish Federal Reserve threaten to squelch market risk appetite.The extreme volatility usually associated with cryptocurrency has been prominent over the past few weeks. Bitcoin , the largest cryptocurrency, has been up 33% in the past month since Jan. 24. The price was last seen at $43,850. https://public.sitejot.com/watchjohn8.html is a rebound from an inflection point that cut its value in half from November's record-setting peak. Its biggest rival, Ethereum, is up by about 45percent since Jan. 24 and is trading at $3,200 after a 56 percent plunge from its record-setting $4,868 also in November.Though advocates of cryptocurrencies have boasted of their lack of a correlation to other assets Bitcoin and its counterparts had huge gains over the past two years, rising and gaining momentum alongside stocks as Fed as well as other central banks introduced unprecedented levels of stimulus into the global economy. Bitcoin is up 1,039 percentage since March 2020. the ether price has increased 2,940%. The increases in both cryptocurrencies have stopped by several stomach churning selloffs.<img width="423" src="">The recent volatility in the market has come amid a broader market selloff triggered by investors shifting their portfolios around to account for a more aggressive Fed which is expecting to raise rates nearly seven times in the coming year as it combats the rising cost of living. The standard S&P 500 index (.SPX) has dropped 5.5 percent from the beginning of the year, while the technology-focused Nasdaq (.IXIC) dropped 9.3%. dropped 9.3%.Beliefs that a more aggressive inflationary cycle by central banks moving forward will hurt risky assets has made difficult for some traders to maintain their bullish outlook on bitcoin and the other cryptos. This asset class has already been marked by its high volatility.An increase in tensions in Ukraine that are escalating in Ukraine, where Washington warned that a Russian attack could start anytime soon, could result in market swings investors have warned. Learn moreBitcoin can "really become the most powerful movement trade," and there are so many risks that can cause a 40% plunge from the midst of the night," said Ed Moya, senior analyst at Oanda.Its volatility in Bitcoin hasn't stopped analysts from attempting to estimate the true value of the currency or to identify potentially significant prices.Analysts at JPMorgan believe that bitcoin's worth at $38,000 . That's about 15% less than its present cost based on the high volatility in comparison to that of gold, a different asset investors often use to hedge their portfolios against inflation and economic uncertainty.Vanda Research, meanwhile, released a statement that the majority of bets that were speculative on a lower bitcoin price had been placed at around $47,000 "there could be a major short-squeeze when the threshold is met and retail investors return for crypto-trading."Meanwhile, correlations between bitcoin and the S&P 500 climbed to the all-time highest on Jan 31st, as per data taken from BofA Global Research, undercutting some of the arguments made by those hoping to utilize the cryptocurrency as a hedge against market turbulence.Investors this week will get minutes from the last Fed meeting on monetary policy to be sent out Wednesday. https://atavi.com/share/vb0kkyz1kxwj5 (WMT.N) and chip maker Nvidia Corp (NVDA.O) will include among the companies releasing resultsas the corporate earnings season kicks off.A few investors are preparing themselves to ride out the volatility of bitcoin, hoping that the long-term benefits of blockchain technology, the built in supply limit, and the impact its technology produces, will last despite the frequent price changes.Jurrien Timmer, director of macro-economics at Fidelity has compared the current cryptocurrency speculation to turmoil experienced by tech stocks in the dotcom era nearly 20 years ago, a boom-and-bust period which saw relatively few companies remaining."Amazon is still around , and Apple is still around , and they're bigger than they've ever been and the assumption is that for bitcoin it'll be exact," explained the man. "But bitcoin isn't immune to these waves of speculation or sentiment."Bitcoin could reach $100 million by 2023, Timmer claimed, in accordance with his supply/demand models.Others believe that mature cryptocurrencies such as the bitcoin and ether won't be able to provide the eye-watering gains they have notched since their creation.Instead, they are looking to the vast world of alternative coins being created to benefit of the wealth flowing into the crypto-currency space which includes the metaverse as well as NFTs which saw around $30 billion worth worth of venture capital investment in 2017, according to PitchBook?.A few altcoins are cosmos Terra Luna, and Polkadot that are down 20.5% 38%, 20.5% and 25.5 percent from the beginning of the year, respectively from coinmarketcap.com.Understanding the risks associated with their decentralized nature and financial systems is going to be one the biggest challenges facing investors by 2022, said Lily Francus, director of quantitative research strategy at Moody's Analytics.<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe>Cryptocurrencies "are going to remain volatile , but there are some significant players on both the institutional side and the retail side that are still growing, therefore the interest continues to grow," said Oanda's Moya.

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