Bitcoin
BTC$26 369.00

0.56%

Ethereum
ETH$1 605.70

0.98%

Tether
USDT$0.999243

-0.03%

Binance Coin
BNB$212.12

-0.04%

XRP
XRP$0.499643

-0.38%

USD Coin
USDC$1.000070

0.01%

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 92% 4 $26 369.00 0.56% -2.24% $514 139 107 500 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 94% 6 $1 605.70 0.98% -0.76% $193 061 640 768 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94% 1 $0.999243 -0.03% -0.08% $83 208 140 396 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 90.4% 4 $212.12 -0.04% -0.98% $32 634 766 460 BNB 7 days price change
5 XRP (XRP) XRP XRP predictions 89.6% 8 $0.499643 -0.38% -3.01% $26 637 136 198 XRP 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 92% 1 $1.000070 0.01% 0.01% $25 484 391 434 USDC 7 days price change
7 Lido stETH (STETH) STETH Lido stETH predictions 93.2% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
8 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 88.8% 20 $0.085255 1.04% 0.78% $8 668 426 443 WTRX 7 days price change
9 Cardano (ADA) ADA Cardano predictions 92.4% 8 $0.244488 -0.17% -2.71% $8 588 498 037 ADA 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 93.6% 6 $0.060603 -0.04% -3.05% $8 556 370 845 DOGE 7 days price change
11 Solana (SOL) SOL Solana predictions 88% 22 $19.27 1.43% -3.80% $7 951 021 232 SOL 7 days price change
12 TRON (TRX) TRX TRON predictions 86% 18 $0.085514 0.55% 1.15% $7 618 867 556 TRX 7 days price change
13 Toncoin (TON) TON Toncoin predictions 59.2% 84 $2.15 1.29% -10.03% $7 364 651 373 TON 7 days price change
14 Dai (DAI) DAI Dai predictions 92.4% 1 $0.999758 0.03% 0.06% $5 346 596 495 DAI 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 88.8% 11 $4.00 -0.05% -3.40% $4 930 596 420 DOT 7 days price change

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