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p>Investors are waiting for more volatility in bitcoin and other cryptocurrencies, as worries over the hawkishness of the Federal Reserve threaten to squelch the risk-taking appetite in markets.The volatility traditionally in cryptocurrencies has been all over the news in recent weeks. Bitcoin is the largest cryptocurrency, has increased by around 33% since Jan. 24. https://controlc.com/c48cb88f was last traded at $43,850. It has recovered from a tumble that cut its value by half from the record price. https://anotepad.com/notes/ia8rw748 , Ether, has gained around 45% since Jan. 24 to around $3,200 after a nearly 56 percent plunge from its record-setting $4,868 the same month in November.<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe>While proponents of cryptocurrencies once touted their lack of correlation to other assets Bitcoin and its counterparts gained hugely over the last two years, rallying in tandem with stocks as Fed and other central banks pumped enormous amounts of stimulus into the world economy. Bitcoin has risen 1,039 percent since March of 2020 and the price of ether has increased by 2940%, however the rallies in both cryptocurrencies have been interrupted by numerous-stomach churning selloffs.<img width="325" src="">Their recent volatility has been accompanied by a wider market selloff driven by investors shifting their portfolios around to account for the more aggressive Fed, which is now expected to raise rates at least seven times in 2018 as it is fighting rising inflation. https://bikerule9.bravejournal.net/post/2022/02/12/How-to-Buy-Bitcoin that is the benchmark S&P 500 index (.SPX) is down 5.5 percent over the past year, and the tech-driven Nasdaq (.IXIC) have dropped 9.3%.Worries that an aggressive Central Bank tightening process going ahead will weaken risky assets has made difficult for some traders to maintain their optimistic view on bitcoin as well as other cryptos which is an asset class that has been associated with extreme volatility.Escalating tensions in Ukraine as Washington warned that a Russian invasion could be imminent anytime soon, can create market turmoil Investors warned. read moreBitcoin can "really become the ultimate mover and several risks that could cause a 40% drop without warning," said Ed Moya who is a senior analyst at Oanda.Its volatility in Bitcoin hasn't stopped analysts from looking to determine the value of the currency or pinpoint potential price levels.Analysts at JPMorgan estimate bitcoin's current fair value at around $38,000 - some 15% less than its previous cost based on the fluctuations in comparison to the volatility of gold. Gold is an asset which investors typically use to protect their portfolios from risk of economic instability and inflation.Vanda Research, meanwhile, published a note that the majority of bearish bets placed on a weaker bitcoin were placed around $47,000, and "there could be an enormous short-squeeze if the aforementioned threshold is exceeded, and retail investors are reintroduced back to crypto-trading."While bitcoin's correlations with and the S&P 500 climbed to an all-time-high on January 31st, as per data from BofA Global Research, undercutting some of the arguments made by those hoping to utilize bitcoin as security against market volatility.Investors will be getting minutes from the Fed's most recent meeting on monetary policy to be sent to be released on Wednesday. Walmart (WMT.N) along with chipmaker Nvidia Corp (NVDA.O) will be among the companies to announce numbers as corporate earnings season continues.Some investors are ready to take advantage of the volatility in bitcoin, betting that the value of blockchain technology, its built-in supply limit and the effects it has created, will endure regardless of price fluctuations.Jurrien Timmer director of macro-economics at Fidelity The Fidelity director compared the present Bitcoin speculation to market turmoil that tech stocks endured during the dot-com boom more than two decades ago. boom and bust era that saw only a comparatively small group of companies left standing."Amazon continues to exist and Apple remains around and they're bigger than ever and the expectation is that for bitcoin, it'll be just exact," the analyst said. "But it's not immune to those waves of speculation and sentiment."Bitcoin could reach $100 million by 2023. Timmer has said, as per his supply/demand calculations.Some believe that mature cryptocurrency like bitcoin and ether will not be able to achieve the spectacular gains they have made since the time of their creation.Instead, they're turning to the universe of new, alternative coins that are in development to capitalize of the investment flowing into the crypto sector which includes the metaverse as well as NFTs. NFTs accounted for more than $30,000 worth of venture capital investment last year according to PitchBook?.There are altcoins that include cosmos Terra Luna, and Polkadot and Polkadot, which are down about 20.5 percent 38%, 20.5% and 25.5 percent for the year to date, respectively by coinmarketcap.com.Understanding the risks associated with the decentralized financial system and its risks is going to be one of the major challenges for investors in 2022, said Lily Francus, director of quantitative research strategy at Moody's Analytics.Cryptocurrencies "are likely to remain extremely unpredictable in the near future, but there are some significant players on both the institutional and retail side who are expanding, which means that the demand is growing," said Oanda's Moya.

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