Why Bitcoin Rallied Past $30,000 Mark

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Business
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7 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are some of the factors driving Bitcoin's price higher?
Decreasing user growth
High transaction fees
Lingering inflation and banking concerns
Increased government regulations
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why are institutional players interested in Bitcoin and Ethereum?
They are looking for additional exposure via venture capital
They are the only available digital assets
They offer high short-term returns
They are mandated by government policies
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the significance of the Shanghai upgrade for Ethereum?
It introduces a new cryptocurrency
It allows users to withdraw staked Ether
It changes the Ethereum logo
It increases transaction fees
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How has the crypto market responded to regulatory challenges in 2023?
It has halted all operations
It has become more organized and continues to push forward
It has seen a massive decline in talent
It has shifted focus to traditional banking
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What impact did the collapse of key banks have on the crypto market?
It had no impact
It improved liquidity
It created an opportunity to recreate infrastructure
It led to the creation of new cryptocurrencies
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the role of venture capital in the crypto space?
To provide short-term loans
To create new cryptocurrencies
To follow and invest in high-quality talent
To regulate the market
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a key question regarding venture capital's commitment to crypto?
Whether they will stop investing altogether
Whether they will invest in traditional banks
Whether they remain committed amid past debacles
Whether they will create new regulations
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