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

The CEO of Binance, Changpeng Zhao, revealed that his company will form an industry recovery group in a bid to reduce the negative effects associated with the fallout of FTX.

CZ also welcomed other industry participants who would want to co-invest.This had a very positive impact on the entire market, as Bitcoin’s price skyrocketed to almost $17,000.

( By George Georgiev )

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