Bitcoin
BTC$29 026.69

-4.42%

Ethereum
ETH$1 937.28

-6.12%

Tether
USDT$0.998967

-0.02%

USD Coin
USDC$0.999907

-0.01%

Binance Coin
BNB$316.87

-4.45%

XRP
XRP$0.396164

-6.73%

Bitcoin bulls make a run on $45K after Twitter debuts crypto tipping


24 Sep 2021

#Bitcoin

Bitcoin price rallied to $44,800 and takes aim at flipping the $45,000 level to support shortly after Twitter launched a new crypto tipping service. Bullish optimism is on the rise across the cryptocurrency market on Sept. 23 as prices continue to recover from this week's volatility which was the result of regulatory pressure on the crypto sector, the Federal Open Market Committee meeting on the Fed's interest rate hikes and monetary policy, along with fears that the Evergrande situation would ripple out to impact global financial markets.

Data from Cointelegraph Markets Pro and TradingView shows that after trading in a range between $43,000 and $44,300 during the early trading hours on Sept. 23, the price of Bitcoin (BTC) spiked above $44,800 in the early afternoon and now takes aim at flipping the $45,000 resistance level into support.

The timing of the spike in BTC price aligns closely with Twitter's announcement that users will now be able to tip other users with cryptocurrencies like Bitcoin thanks to an integration with Strike, a payment application built on the Lightning network that enables low-cost Bitcoin transactions. This development came as the momentum across the cryptocurrency ecosystem was already on the rise with the top altcoin Ether (ETH) back above $3,100. Data also shows that the Ether balance held in reserves on major cryptocurrency exchanges has reached an all-time low.

Altcoins fully rebound

The altcoin market is firing on all cylinders as competition in the layer-one field heats up with projects like Terra (LUNA), Avalanche (AVAX) and Cosmos (ATOM) making gains in terms of price and attracting new users thanks to lower-cost transactions and faster processing times.

Celer (CELR) is the top gainer on the 24-hour after seeing its price spike by 52% to a new all-time high at $0.14, while Celo (CELO) has put on a 24% gain and trades at $7.80. 

Other notable performances include a 23% gain for COTI, a 21% gain for Tezos (XTZ) and a 20% rally from Origin Trail (TRAC). The overall cryptocurrency market cap now stands at $1.999 trillion and Bitcoin’s dominance rate is 42%.


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Top Cryptocurrencies with Price Predictions

# Crypto Prediction Accuracy CVIX Price 24h 7d Market Cap 7d price change
1 Bitcoin (BTC) BTC Bitcoin predictions 60.8% 87 $29 026.69 -4.42% -5.04% $552 906 627 522 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 58% 88 $1 937.28 -6.12% -7.98% $234 226 519 038 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 92% 1 $0.998967 -0.02% -0.01% $73 199 396 215 USDT 7 days price change
4 USD Coin (USDC) USDC USD Coin predictions 95.2% 1 $0.999907 -0.01% -0.04% $53 242 190 820 USDC 7 days price change
5 Binance Coin (BNB) BNB Binance Coin predictions 56% 88 $316.87 -4.45% 2.34% $51 737 352 920 BNB 7 days price change
6 XRP (XRP) XRP XRP predictions 55.6% 91 $0.396164 -6.73% -9.19% $19 151 785 863 XRP 7 days price change
7 Binance USD (BUSD) BUSD Binance USD predictions 96% 1 $1.001213 -0.06% 0.03% $18 345 928 270 BUSD 7 days price change
8 Cardano (ADA) ADA Cardano predictions 55.6% 93 $0.501328 -8.89% -15.54% $16 914 304 225 ADA 7 days price change
9 Solana (SOL) SOL Solana predictions 55.2% 91 $48.29 -9.89% -16.16% $16 382 473 495 SOL 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 60.4% 90 $0.082023 -5.80% -9.46% $10 882 008 070 DOGE 7 days price change
11 Polkadot (DOT) DOT Polkadot predictions 55.2% 90 $9.64 -7.86% -13.74% $9 517 930 235 DOT 7 days price change
12 Wrapped Bitcoin (WBTC) WBTC Wrapped Bitcoin predictions 57.6% 87 $29 006.19 -4.56% -5.22% $8 023 196 814 WBTC 7 days price change
13 TRON (TRX) TRX TRON predictions 71.2% 56 $0.079889 3.81% 11.84% $7 561 310 650 TRX 7 days price change
14 Avalanche (AVAX) AVAX Avalanche predictions 55.6% 93 $27.32 -14.53% -22.61% $7 358 131 714 AVAX 7 days price change
15 Dai (DAI) DAI Dai predictions 91.2% 1 $0.998284 -0.25% -0.21% $6 559 715 235 DAI 7 days price change

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