Crypto Currencies Pare Losses From Decline Fueled by US Inflation Data

Crypto Currencies Pare Losses From Decline Fueled by US Inflation Data

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of recent inflation data on the cryptocurrency market, highlighting significant drops in Bitcoin and Ether prices. It explores historical bear market trends, suggesting potential further declines. A unique trading pattern is noted, where crypto gains occur when traditional markets are closed, with a strategy yielding substantial returns. The video concludes with an analysis of these patterns and their implications.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage drop in Ether as mentioned in the video?

6.4%

7.8%

8.1%

5.2%

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

According to the video, what is the potential low level for Bitcoin if it continues to drop?

High 18,000 level

High 19,000 level

High 20,000 level

High 21,000 level

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the hypothetical strategy discussed in the video for trading Bitcoin?

Buy during weekends, sell during weekdays

Buy at market close, sell at next day's open

Buy at market open, sell at market close

Buy during weekdays, sell during weekends

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage gain did the hypothetical strategy yield since 2020?

260%

300%

200%

150%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage gain when buying at the US open and selling at the close?

2.5%

4.7%

5.8%

3.6%