3 Charts to Know: Bitcoin Plunges Below $7000

3 Charts to Know: Bitcoin Plunges Below $7000

Assessment

Interactive Video

Business

University

Hard

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The video discusses the current state of Bitcoin, which has fallen below $7000, and compares it to gold's performance. It highlights the impact of negative news, such as North Korea's alleged attacks on South Korea's cryptocurrency exchanges and US banks restricting cryptocurrency purchases. The video also reviews historical Bitcoin crashes, noting that despite significant drops, Bitcoin has always reached new highs. Finally, it compares Bitcoin's performance with other cryptocurrencies like Ethereum, Litecoin, and Ripple, all of which have also seen declines.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the price of Bitcoin mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the percentage drop of Bitcoin mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What significant event in South Korea was mentioned in relation to Bitcoin?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How much has Bitcoin fallen since its record high?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What historical event related to Bitcoin was referenced from 2011?

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