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In the question below is a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement: Statements: Bitcoin, which is the world’s largest cryptocurrency, rose to $12112 in trading just after midnight New York time, its first foray above $12000 since August 2019, according to pricing compiled by Bloomberg. Conclusions: I. Bitcoin is the largest cryptocurrency of the world. II. Investment in cryptocurrency can be beneficial in future. 

In the question below is a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement: Statements: Bitcoin, which is the world’s largest cryptocurrency, rose to $12112 in trading just after midnight New York time, its first foray above $12000 since August 2019, according to pricing compiled by Bloomberg. Conclusions: I. Bitcoin is the largest cryptocurrency of the world. II. Investment in cryptocurrency can be beneficial in future.  Correct Answer Only conclusion I follows

Statements: Bitcoin, which is the world’s largest cryptocurrency, rose to $12112 in trading just after midnight New York time, its first foray above $12000 since August 2019, according to pricing compiled by Bloomberg.

Conclusions:

I. Bitcoin is the largest cryptocurrency of the world→ True

II. Investment in cryptocurrency can be beneficial in future → False(Since, there is nothing mentioned about the investment of cryptocurrency)

Hence, only conclusion I follows is the correct answer.

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