INSUBCONTINENT EXCLUSIVE:
worries over a hawkish Federal Reserve threaten to squelch risk appetite across markets.The volatility traditionally associated
that cut its price in half from November's record high
peers saw huge gains over the last two years, rallying along with stocks as the Fed and other central banks pumped unprecedented levels of
stimulus into the global economy
interrupted by numerous-stomach churning selloffs.Their recent volatility has come amid a broader market selloff driven
times this year as it fights surging inflation
central bank tightening cycle going forward will hamstring risky assets has made it difficult for some traders to maintain their bullish
Oanda.Bitcoin's volatility hasn't stopped some analysts from trying to gauge the currency's fair value or point out potentially
were entered at around $47,000, and "there could be a large short-squeeze if the aforementioned threshold is crossed, and
steeling themselves to ride out the volatility in bitcoin, betting that the long-term value proposition of blockchain technology, the built
in supply limit, and the network effect it produces, will endure despite frequent price swings.Jurrien Timmer, director of global macro at
decades ago, a boom-and-bust period that saw a comparatively small group of companies left standing."Amazon is still around and Apple is
still around and they're bigger than ever and the thinking is that for bitcoin that will be the same," he said
"But it's not immune to those waves of speculation and sentiment."Bitcoin could reach $100,000 as soon as 2023, Timmer has said, based on
investment last year, according to PitchBook.Some altcoins include cosmos, Terra Luna, and Polkadot, which are down around 20.5 per cent, 38
strategy at Moody's Analytics.Cryptocurrencies "are going to remain very volatile going forward, but there are significant players on both
the institutional side and the retail side that are still growing, so the interest is still growing," said Oanda's Moya.
