Bitcoin Rally Extends Into New Year

Bitcoin Rally Extends Into New Year

Assessment

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The video discusses Bitcoin's impressive rally at the start of 2021, with predictions of reaching $50,000. Institutional investors are increasingly interested, moving Bitcoin beyond speculative trading. However, volatility remains a significant concern, with past fluctuations highlighting potential risks. The video also mentions a notable NFL player opting for Bitcoin as part of his salary, indicating growing mainstream acceptance.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What milestone did Bitcoin briefly exceed as it entered the new year?

$20,000

$34,000

$50,000

$400,000

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage jump did Bitcoin register in December 2020?

30%

40%

50%

60%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Who is the co-founder of the company that is the biggest Bitcoin lender?

Scott Minerd

Anthony Trenchev

Kathleen Wells

Guggenheim Investments

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What did Scott Minerd predict about Bitcoin's potential value?

$100,000

$200,000

$300,000

$400,000

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What major issue is associated with Bitcoin's market behavior?

Stability

Volatility

Liquidity

Regulation