Bitcoin
BTC$51 080.64

-0.17%

Ethereum
ETH$2 958.60

0.59%

Tether
USDT$0.999795

-0.01%

Binance Coin
BNB$381.55

1.23%

Solana
SOL$102.29

-0.22%

XRP
XRP$0.545718

1.85%

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 61.6% 79 $51 080.64 -0.17% -1.23% $1 003 032 737 138 BTC 7 days price change
2 Ethereum (ETH) ETH Ethereum predictions 62% 74 $2 958.60 0.59% 6.46% $355 494 702 948 ETH 7 days price change
3 Tether (USDT) USDT Tether predictions 90.8% 1 $0.999795 -0.01% -0.02% $97 890 672 484 USDT 7 days price change
4 Binance Coin (BNB) BNB Binance Coin predictions 64.4% 70 $381.55 1.23% 7.26% $57 057 600 788 BNB 7 days price change
5 Solana (SOL) SOL Solana predictions 71.6% 50 $102.29 -0.22% -6.31% $45 116 798 824 SOL 7 days price change
6 XRP (XRP) XRP XRP predictions 83.6% 21 $0.545718 1.85% -1.30% $29 793 057 958 XRP 7 days price change
7 USD Coin (USDC) USDC USD Coin predictions 96% 1 $1.000101 0.02% 0.05% $28 143 447 515 USDC 7 days price change
8 Cardano (ADA) ADA Cardano predictions 66.4% 70 $0.588280 0.75% 0.78% $20 866 465 494 ADA 7 days price change
9 Avalanche (AVAX) AVAX Avalanche predictions 70.8% 56 $36.49 -0.85% -7.71% $13 762 867 956 AVAX 7 days price change
10 Dogecoin (DOGE) DOGE Dogecoin predictions 90.8% 12 $0.085058 1.69% 0.73% $12 180 653 380 DOGE 7 days price change
11 Wrapped TRON (WTRX) WTRX Wrapped TRON predictions 66.8% 61 $0.137719 -0.61% 1.34% $12 121 314 356 WTRX 7 days price change
12 TRON (TRX) TRX TRON predictions 66.4% 62 $0.137622 -0.72% 0.96% $12 112 809 359 TRX 7 days price change
13 Chainlink (LINK) LINK Chainlink predictions 69.2% 62 $18.40 2.55% -5.46% $10 801 864 838 LINK 7 days price change
14 Lido stETH (STETH) STETH Lido stETH predictions 91.6% 1 $2 941.39 -0.40% -3.32% $10 258 752 564 STETH 7 days price change
15 Polkadot (DOT) DOT Polkadot predictions 74% 47 $7.74 5.26% 2.37% $9 922 947 798 DOT 7 days price change

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