With $30,000 in Sight, What's Next for Bitcoin?

With $30,000 in Sight, What's Next for Bitcoin?

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

The transcript discusses Bitcoin's significant price increase during the holiday season, reaching over $28,000. It highlights the continuous trading nature of cryptocurrencies and the influence of holiday discussions on its price. Predictions suggest Bitcoin might reach $30,000, with some expecting it to go as high as $100,000. Comparisons are made with other assets like gold, showing Bitcoin's superior performance. Concerns about regulatory issues persist, but the entry of institutional investors marks a significant change from 2017.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

Compare the performance of Bitcoin with that of gold as mentioned in the text.

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways has the entry of institutional investors changed the cryptocurrency landscape since 2017?

Evaluate responses using AI:

OFF