Bitcoin Skyrockets by Almost $1,000 as Binance's CZ Announces Industry Recovery Fund

To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund, to help projects who are otherwise strong, but in a liquidity crisis. More details to come soon. In the meantime, please contact Binance Labs if you think you qualify.

This had a very positive impact on the entire market, as Bitcoin’s price skyrocketed to almost $17,000.There’s no information as to what projects the fund will be investing in, but one thing is for sure – CZ has no intentions of helping FTX.Hey, you misread the tweet, I think. Liars or fraud never qualify as strong projects. This is for other projects in the ecosystem.

'Skyrocketed' to the same price as.... errrr... 24hrs ago

It's a trap bull run don't buy anything

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