Bitcoin
BTC$60 335.69

-1.25%

Ethereum
ETH$4 030.06

-1.31%

Binance Coin
BNB$474.52

-1.28%

Cardano
ADA$2.12

-1.73%

Tether
USDT$1.000502

-0.01%

Solana
SOL$190.80

-3.81%

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 65.2% 74 $60 335.69 -1.25% -1.01% $1 137 507 932 415 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 73.2% 59 $4 030.06 -1.31% 5.72% $475 786 019 548 ETH 7 days price change
3 Binance Coin (BNB) BNB Binance Coin predictions 69.2% 62 $474.52 -1.28% 1.85% $79 149 889 886 BNB 7 days price change
4 Cardano (ADA) ADA Cardano predictions 90.4% 13 $2.12 -1.73% -1.58% $69 655 191 496 ADA 7 days price change
5 Tether (USDT) USDT Tether predictions 96% 1 $1.000502 -0.01% 0.05% $69 609 054 760 USDT 7 days price change
6 Solana (SOL) SOL Solana predictions 69.2% 56 $190.80 -3.81% 18.73% $57 421 911 660 SOL 7 days price change
7 XRP (XRP) XRP XRP predictions 73.2% 49 $1.078861 -0.85% -3.86% $50 648 592 354 XRP 7 days price change
8 Polkadot (DOT) DOT Polkadot predictions 60.4% 82 $42.19 -3.42% 1.79% $41 670 216 981 DOT 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 68.8% 60 $0.255430 3.67% 8.21% $33 672 761 779 DOGE 7 days price change
10 USD Coin (USDC) USDC USD Coin predictions 94.8% 1 $1.000548 -0.03% 0.06% $32 583 516 990 USDC 7 days price change
11 Terra (LUNA) LUNA Terra predictions 66.4% 63 $40.90 -4.44% 11.32% $16 419 803 112 LUNA 7 days price change
12 SHIBA INU (SHIB) SHIB SHIBA INU predictions 54.4% 92 $0.000041 24.31% 59.38% $16 011 554 148 SHIB 7 days price change
13 UniSwap (UNI) UNI UniSwap predictions 79.6% 43 $25.76 -2.39% -2.03% $15 758 219 755 UNI 7 days price change
14 Avalanche (AVAX) AVAX Avalanche predictions 70% 61 $63.71 -2.56% 13.02% $14 034 795 800 AVAX 7 days price change
15 Chainlink (LINK) LINK Chainlink predictions 75.6% 50 $29.75 -3.41% 11.29% $13 715 227 505 LINK 7 days price change

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