Bitcoin
BTC$62 740.92

4.13%

Ethereum
ETH$3 354.24

4.35%

Tether
USDT$1.000351

-0.01%

Binance Coin
BNB$561.59

4.18%

Solana
SOL$152.48

3.96%

USD Coin
USDC$0.999884

-0.02%

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 74% 46 $62 740.92 4.13% 8.98% $1 237 611 726 015 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 73.2% 49 $3 354.24 4.35% 9.78% $403 240 334 677 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 94.4% 1 $1.000351 -0.01% 0.04% $112 576 373 710 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 75.2% 47 $561.59 4.18% 9.18% $82 880 900 481 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 80.8% 29 $152.48 3.96% 8.95% $70 762 073 577 SOL 7 days price change
6 USD Coin (USDC) USDC USD Coin predictions 92.8% 1 $0.999884 -0.02% -0.01% $34 053 257 375 USDC 7 days price change
7 XRP (XRP) XRP XRP predictions 81.6% 37 $0.530674 0.50% 22.27% $29 614 425 378 XRP 7 days price change
8 Toncoin (TON) TON Toncoin predictions 87.2% 21 $7.47 1.20% 3.55% $18 731 927 427 TON 7 days price change
9 Dogecoin (DOGE) DOGE Dogecoin predictions 75.2% 49 $0.118031 3.53% 8.09% $17 129 042 047 DOGE 7 days price change
10 Cardano (ADA) ADA Cardano predictions 79.6% 35 $0.436136 0.25% 16.49% $15 648 997 890 ADA 7 days price change
11 TRON (TRX) TRX TRON predictions 77.6% 40 $0.138016 -0.25% 9.83% $12 024 220 977 TRX 7 days price change
12 Avalanche (AVAX) AVAX Avalanche predictions 75.6% 44 $26.98 2.72% 1.27% $10 644 798 265 AVAX 7 days price change
13 SHIBA INU (SHIB) SHIB SHIBA INU predictions 82% 37 $0.000018 2.89% 6.77% $10 578 886 273 SHIB 7 days price change
14 Lido stETH (STETH) STETH Lido stETH predictions 92% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
15 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 96% 1 $0.116354 -0.46% 0.23% $10 171 995 609 WTRX 7 days price change

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