Crypto Report: Bitcoin Falls, Altcoins Extend Losses

The video discusses a significant market downturn, with the S&P 500 dropping 3.6% and tech stocks heavily impacted. Bitcoin and other cryptocurrencies also faced substantial losses. Companies like MicroStrategy, which have invested in Bitcoin, are at risk of margin calls if the trend continues. The video explores the broader implications of these market movements.

What was the percentage drop in the S&P 500 on the day discussed?

• 4.2%

• 3.6%

• 2.5%

• 5.0%

Which sector experienced significant selling, contributing to the NASDAQ 100's worst day since September 2020?

• Consumer Staples

• Biotech

• Financials

• Energy

How did Bitcoin's performance compare to Ethereum's on the day discussed?

• Bitcoin fell more than Ethereum

• Ethereum fell more than Bitcoin

• Both fell equally

• Neither fell

Which altcoin was mentioned as having fallen as much as 15%?

• Ripple

• Litecoin

• Cardano

• Avalanche

What price point could trigger a margin call for MicroStrategy's Bitcoin holdings?

• $36,000

• $21,000

• $25,000

• $30,000