The cryptocurrency markets gained over $40 billion in hours following the tweets of CZ and Elon Musk.
The past 24 hours have been quite dynamic in terms of pricing on the cryptocurrency market. Bitcoin dropped below $16K, only to soar back toward $17K later, followed by the rest of the cryptocurrencies.Bitcoin Testing $17K
Bitcoin’s price went through a bit of a rollercoaster over the past 24 hours. The situation was looking rather grim until a few hours ago, as the cryptocurrency was headed south and traded below $16K. On Binance, BTC reached an intraday low at around $15,800, but that was before CZ and Elon Musk tweeted earlier this morning. Binance’s CEO revealed that his company will spearhead an “industry recovery fund” intended to help projects that are strong but currently experiencing liquidity crisis. He didn’t specify what qualifies as “strong” but said that more information will be revealed soon.that Bitcoin will make it in a response to a tweet asking where BTC will be in one year from now.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
John Legere tweets Elon Musk: 'Maybe I should run Twitter;' see how Elon respondedFormer T-Mobile CEO John Legere, the man who made T-Mobile the dynamic innovative wireless provider it is today, tweets that maybe he should run Twitter.
Read more »
These $40 Split-Hem Pants Have Taken Over My Work WardrobeOur editor tested the Old Navy High-Waisted Split-Front Pants and said they're the perfect combination of trendy, classic, and professional.
Read more »
Elon Musk on meeting FTX's Sam Bankman-Fried: 'This dude is bullshit''This dude is bullshit': Elon Musk describes the first time he met now disgraced FTX founder Sam Bankman-Fried
Read more »
Elon Musk Introduces Twitter Mayhem ModePlus: US midterms survive disinformation efforts, the government names the alleged Lockbit ransomware attacker, and the Powerball drawing hits a security snag.
Read more »
Elon Musk Explains Why He Rejected FTX Founder’s $3 Billion Offer to Buy TwitterThe centibillionaire has revealed why he turned down the offer of Sam Bankman-Fried earlier this year
Read more »
Elon Musk faces $56 billion court fight with heavy metal drummer - AutoblogElon Musk this week squares off in court against an unlikely foe — a thrash metal drummer who hopes to strip Musk of his $56 billion pay.
Read more »