Bitcoin Historical Context and Stock Market Quiz
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Questions and Answers

What was the highest price of Bitcoin until 2013?

21,598

What is the opening price of the S&P 500 index?

$169

When was the S&P 500 index introduced?

1957

By how much percentage did the S&P 500 index grow from its opening price to its all-time high?

<p>2821%</p> Signup and view all the answers

What was the reason for the slow growth of the S&P 500 index compared to Bitcoin, according to the text?

<p>Increase in investment among normal people due to advancement in technology</p> Signup and view all the answers

What are two regulatory bodies for Bitcoin mentioned in the text?

<p>Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC)</p> Signup and view all the answers

What is one reason mentioned in the text for the demand of Bitcoin?

<p>Global accessibility</p> Signup and view all the answers

What impact does institutional adoption of Bitcoin have on the broader market sentiment?

<p>Influence on how investors perceive Bitcoin</p> Signup and view all the answers

How might Bitcoin be perceived by investors, according to the text?

<p>Speculative asset, diversification tool, safe haven</p> Signup and view all the answers

What is one potential reason mentioned in the text for individuals turning to assets like Bitcoin?

<p>Hedge against market threats</p> Signup and view all the answers

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