Bitcoin Miners Sell Tokens as Prices Lower

Bitcoin Miners Sell Tokens as Prices Lower

Assessment

Interactive Video

Business

University

Hard

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The video discusses Bitcoin's resistance level, noting that a rise above $40,000 is needed for a bullish outlook. Bitcoin miners are selling tokens to maintain operations during a crypto winter. Despite a slight rise, Bitcoin's price remains stagnant around $30,000 due to industry challenges like Federal Reserve rate hikes and the Terra Luna implosion. Bitcoin miners, such as Riot Blockchain and Marathon Digital, are underperforming in the market, with significant losses compared to Bitcoin and NASDAQ.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the current performance of Bitcoin compared to its peak in November?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How have Bitcoin miners like Riot Blockchain and Marathon Digital performed in the market this year?

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