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Bitcoin

Category - Economics

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On November 19^th, 2013, Bitcoin soared from $550 to which of the following values in a single day before plunging back down to under $600?

$700.
$800.
$900.
$1000.

Explanation

Answer: C - On November 19^th, 2013, Bitcoin soared from $550 to $900 in a single day before plunging back down to under $600. Spurred by a United States Senate Committee meeting on the legitimacy of Bitcoin, the currency was subject to a week of volatility.

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