The prevalence of cryptocurrencies has been rising for years before the 2022 “crypto winter.”
The cryptocurrency market has suffered massive losses as cryptocurrencies overall have lost nearly $800 billion in market value in the past month, according to data site CoinMarketCap.
The $1 billion fund would help “push the adoption of not only BSC but the whole blockchain industry.”
Bitcoin rose from $29,000 to about $40,000 per coin in reaction to the news, its largest growth seen all month, other coins also gained considerably.
Anonymous maintained that Mr Musk’s “tweets this week show a clear disregard for the average working person.”
