What are the potential risks and benefits of Bitcoin being considered a diversifying asset?
Altcoins Leading the Crypto Slump
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Business, Information Technology (IT), Architecture
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University
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Hard
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The video discusses the performance of altcoins like Cardano and Terra Luna, highlighting their market trends and correlations. It explores Bitcoin's increasing correlation with NASDAQ, its role as a diversifying asset, and future price targets. The discussion also touches on institutional interest and the potential of Bitcoin as an alternative currency.
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2 questions
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OPEN ENDED QUESTION
3 mins • 1 pt
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2.
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In what ways could the weakening of the dollar affect Bitcoin's value?
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