Bitcoin hits $45K, TWTR stock price rises 3.8% after BTC

tipping comes to Twitter Twitter’s stock feels the benefit of the “orange pill” as surging stocks add to positive tailwinds for Bitcoin. 6661 19 2:58 Bitcoin hits $45K, TWTR stock price rises 3.8% after BTC tipping comes to TwitterMARKET UPDATE Bitcoin (BTC) hit four-day highs of $45,000 on Sept. 24 as the market digested news that Twitter had enabled BTC tipping. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Twitter stock surges 3.8% on Bitcoin news Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reaching $45,180 on Bitstamp. The largest cryptocurrency had struggled to overcome resistance at $44,000, but the Twitter announcement provided some much-needed bullish momentum. The social network rolled out the first phase of its Lightning Network tipping feature via payments gateway Strike for iOS users Thursday. Other interfaces would soon follow, Strike confirmed, with other tipping partners in the pipeline and set to be announced in the coming weeks. “What the internet did for communication, Bitcoin and the Lightning Network is doing for money,” CEO Jack Mallers summarized in an accompanying blog post. Twitter immediately felt the benefits, with its stock up nearly 4% after yesterday’s close. A video from Mallers showing him using the new tipping feature, meanwhile, attracted 1.6 million views in just 15 hours. I just published Announcing the Strike API Today, @Twitter enables free, instant, global payments for their users with their integration of the Strike API. What the internet did for communication, #Bitcoin + the Lightning Network is doing for money.https://t.co/jHkY6knXkP pic.twitter.com/FXujknG7sM — Jack Mallers (@jackmallers) September 23, 2021 Now, already bullish Bitcoin traders were even more optimistic. For Rekt Capital, a trend continuation involving a dip, consolidation and eventual exit to the upside was well on track. “Daily Closed just like that and a dip has indeed taken place today,” he tweeted Friday, showing the predicted BTC/USD trajectory. “This was all done in an effort to establish trend continuation from this point. Bitcoin is following the black path well thus far.” BTC/USD scenario. Source: Rekt Capital/Twitter Dollar dip boosts BTC The macro picture also provided hope for Bitcoin, with stocks reversing upward after suffering over Evergrande fears. Related: Too ‘grande’ to fail — Bitcoin price stumbles at $44K as China plans for Evergrande’s implosion The S&P 500 saw its best day since July on Thursday, and Bitcoin maintained its positive correlation to equities. The United States dollar, which had capitalized on stocks’ sell-off, fell dramatically, with the U.S. dollar currency index (DXY) bouncing off support at 93. U.S. dollar currency index 1-hour candle chart. Source: TradingView DELIVERED EVERY MONDAY Subscribe to the Markets Outlook newsletter Email Address Subscribe By subscribing, you agree to our Terms of Services and Privacy Policy #Bitcoin #Twitter #Bitcoin Price #Markets #Lightning Network RELATED NEWS Building Empires: Biggest Crypto Exchanges Push for Global Presence Building Empires: Biggest Crypto Exchanges Push for Global Presence Akon gives the play-to-earn poker platform a shoutout for being the next wave of gaming Akon gives the play-to-earn poker platform a shoutout for being the next wave of gaming Diminishing returns: Is Bitcoin underperforming compared to altcoins? Diminishing returns: Is Bitcoin underperforming compared to altcoins? It's now or never — The US has to prepare itself for digital currency It's now or never — The US has to prepare itself for digital currency Here’s why Bitcoin might be safe from a global stock market crisis Here’s why Bitcoin might be safe from a global stock market crisis Bitcoin bulls make a run on $45K after Twitter debuts crypto tipping Bitcoin bulls make a run on $45K after Twitter debuts crypto tipping COINTELEGRAPH YOUTUBE Subscribe Load More Articles