Can Crypto's Rebound Continue?

The video discusses the current momentum in the cryptocurrency market, highlighting Bitcoin's recovery and the influence of lower-than-expected inflation data. It explores the long-term outlook, emphasizing the role of central banks and the correlation with the NASDAQ. The potential impact of Ethereum's upgrade to proof of stake is also examined, with discussions on its possible dominance over Bitcoin.

What recent factor has contributed to the relief in the cryptocurrency market?

• Higher than expected inflation data

• Lower than expected inflation data

• Decreased on-chain activity

• Increased government regulations

How has Bitcoin's price changed compared to a few months ago?

• It has fluctuated without a clear trend

• It has remained the same

• It has decreased significantly

• It has increased

What is a key factor influencing the long-term scenario for cryptocurrencies?

• The weather conditions

• Central bank policies

• The price of gold

• The number of new cryptocurrencies

What recent trend has Bitcoin shown in relation to the NASDAQ 100?

• It has been inversely correlated

• It has shown no correlation

• It has been highly correlated

• It has been negatively correlated

What is the anticipated impact of Ethereum's upgrade to proof of stake?

• It will create a greater distinction between Ethereum and Bitcoin

• It will make Ethereum less popular

• It will have no impact on the market

• It will make Bitcoin obsolete