Bitcoin's Fleeting Stock-Market Decoupling

The video discusses the recent correlation between Bitcoin and U.S. stocks, highlighting Bitcoin's drop alongside the NASDAQ 100. It examines the ProShares Bitcoin Strategy ETF, noting a high put-to-call ratio and significant short interest, indicating traders expect further losses. The discussion shifts to Facebook's past cryptocurrency project, Libra, and its current focus on the metaverse, despite expected financial losses in the coming years.

What recent trend has been observed between Bitcoin and the NASDAQ 100?

• Bitcoin is completely decoupled from the NASDAQ 100.

• Bitcoin is showing a strong correlation with the NASDAQ 100.

• Bitcoin is outperforming the NASDAQ 100.

• Bitcoin is unaffected by the NASDAQ 100's performance.

What does a high put-to-call ratio in BITO indicate?

• Traders are indifferent to Bitcoin's performance.

• Traders are uncertain about Bitcoin's future.

• Traders expect Bitcoin prices to rise.

• Traders expect further declines in Bitcoin prices.

What percentage of BITO shares are currently sold short?

• 20%

• 5%

• 15%

• 10%

What was Facebook's initial cryptocurrency project called?

• Diem

• ZuckCoin

• Libra

• MetaCoin

What is Meta's current focus in the digital space?

• Building a new search engine

• Developing a new cryptocurrency

• Investing in the metaverse

• Creating a social media platform