Elon Musk and the Digital Currency Market
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Elon Musk and the Digital Currency Market

Test your knowledge about Elon Musk's influence on the digital currency market and his recent statements about Bitcoin and Dogecoin. Learn about the impact of his tweets and the potential implications for the world's largest cryptocurrency.

Created by
@ConstructiveDiopside

Questions and Answers

Match the following statements with the corresponding cryptocurrency:

Working with developers to improve system transaction efficiency = Dogecoin Hit a two-month low after Tesla's announcement = Bitcoin Supported often by Elon Musk in his tweets = Dogecoin Tesla suspended vehicle purchases using this cryptocurrency = Bitcoin

Match the following individuals/companies with their actions:

Expressed environmental concerns about Bitcoin = Elon Musk Stopped accepting payments in Bitcoin = Tesla Tweeted in support of Dogecoin = Elon Musk Working on improving Dogecoin's system transaction efficiency = Elon Musk

Match the following cryptocurrencies with their market reactions:

Rallied by about 20 percent after Elon Musk's tweet = Dogecoin Experienced a drop in value after Tesla's announcement = Bitcoin

Match the following statements with the corresponding reasons:

<p>Tesla stopped accepting this due to environmental concerns = Bitcoin This rallied after Elon Musk announced he was working with its developers = Dogecoin</p> Signup and view all the answers

Match the following cryptocurrencies with their related actions/events:

<p>Elon Musk is working with developers to improve its system transaction efficiency = Dogecoin Tesla suspended vehicle purchases using this cryptocurrency due to environmental concerns = Bitcoin</p> Signup and view all the answers

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