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p>Investors are bracing for more gyrations in bitcoin and other digital currencies, as concerns about an overly aggressive Federal Reserve threaten to squelch the market's appetite for risk.<iframe src="https://www.youtube.com/embed/OfVumcKtpG8" width="560" height="315" frameborder="0" allowfullscreen></iframe>The usual volatility associated with cryptocurrencies is evident over the past few weeks. https://telegra.ph/How-to-Buy-Bitcoin-02-13-92 is the largest cryptocurrency, is climbing by about 33% from Jan. 24, and lastly traded at $43,850, bouncing back from a tumble that cut its price in half from November's record-setting price. Its primary rival, ether is up 45% since Jan. 24 at around $3,200 in the wake of a near 56 percentage plunge from its previous record high of $4,868, which was also recorded in November.Though advocates of cryptocurrencies have denied their correlation to other assets bitcoin and other cryptocurrencies have seen huge gains in the past two years. They've been rising alongside stocks as the Fed and the rest of central banks have pumped huge amounts of stimulus into the world economy. Bitcoin has increased by 1,039 percent from March 2020. the price of ether has increased by 2,940%. http://bvkrongbong.com/Default.aspx?tabid=120&ch=427878 rising prices of both cryptocurrencies have been disrupted by stomach-churning selloffs.The recent volatility in the market has come amid a broader downturn in the market, triggered by people changing their portfolios to account for a more aggressive Fed, which is now likely to increase rates more than seven times this year to combats the escalating inflation. The standard S&P 500 index (.SPX) has dropped 5.5 percent in the year to date, while the tech-heavy Nasdaq (.IXIC) was down by 9.3%. lost 9.3%.A fear that an aggressive loosening and tightening cycles by central banks going ahead will weaken these assets has made it difficult for traders to maintain their optimistic outlook regarding bitcoin and various cryptos as an asset class classified as having high volatility.Rising tensions in Ukraine in Ukraine, where Washington warned that a Russian attack could start any minute, could spur market changes across the globe investors have warned. Read moreBitcoin does "really become the ultimate trend trade, and there are numerous risks that could create a 40% drop without warning," said Ed Moya Oanda's senior analyst. Oanda.The volatility of Bitcoin hasn't stopped analysts from seeking to understand the market's value, or even identify important prices.Analysts at JPMorgan estimate bitcoin's current fair value to be around $38,000 , which is 15% less than its previous price - based on its variation in relation to that for gold, another investment traders often use to hedge their portfolios against fluctuations in the economy and inflation.Vanda Research, meanwhile, reported in a recent document that the majority of bearish bets based on a weaker bitcoin price were entered at about $47,000 "there could be a major short-squeeze if this threshold is crossed and retail investors return for crypto-trading."The correlations between bitcoin and the S&P 500 climbed to an all time high on Jan 31, according to data at BofA Global Research, undercutting the arguments for those looking to use the cryptocurrency as an instrument to hedge against market volatility.Investors are expected next week to receive minutes from the most recent Fed meeting on monetary policy due out Wednesday. Walmart (WMT.N) as well as chipmaker Nvidia Corp (NVDA.O) will figure among those releasing results, as corporate earnings season kicks off.Some investors are ready to take advantage of the volatility in bitcoin, assuming on the long-term viability for blockchain tech, the built in supply limit, and the effects it generates, will last despite the frequent price fluctuations.Jurrien Timmer director of global macro at Fidelity, likened the current speculation about cryptocurrency to the market turmoil that tech stocks endured during the dotcom boom nearly two decades ago. boom-and -bust time period that saw an extremely small number of companies left standing."Amazon is still in existence and Apple continues to exist and they're bigger than ever . they're hoping that for bitcoin, it'll do as well," the analyst said. "But bitcoin isn't immune to these waves of speculation or sentiment."Bitcoin could reach $100,000 by 2023, Timmer believes, according to his supply/demand model.Others believe that mature cryptos like bitcoin and ether are unlikely to make the impressive gains that they have racked up since their beginning.Instead, they're turning to the wide world of alternative currencies that are being created to benefit of the money flowing into the cryptocurrency space, including the metaverse and NFTs, which saw 30 billion dollars worth of venture capital investment in the last year, according to PitchBook?.Certain altcoins include cosmos Terra Luna, and Polkadot in the range of 20.5% 38%, 20.5% and 25.5 percentage year-to-date by coinmarketcap.com.<img width="480" src="">Understanding the risks associated with their decentralized nature and financial systems is going to be one the most significant challenges for investors by 2022, says Lily Francus, director of quantitative research strategy at Moody's Analytics.Cryptocurrencies "are going to remain very volatile , but there are some significant players on both the institutional and retail side that are growing, so the interest is still growing," said Oanda's Moya.

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