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Bitcoin Rally Extends Into New Year

Bitcoin Rally Extends Into New Year

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

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

Show all answers

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

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