Bitcoin price hits $ 45,000 and TWTR price rises 3.8% after BTC tipping hits Twitter

Bitcoin (BTC) price hit a four-day high of $ 45,000 on September 24th when the market digested the news that Twitter had enabled BTC tipping.

BTC / USD (Bitstamp) 1-hour candlestick chart. Source: TradingView

Twitter stocks soar 3.8% after Bitcoin News

Data from Cointelegraph Markets Pro and TradingView® showed that the BTC / USD pair hit $ 45,180 on Bitstamp.

The largest cryptocurrency struggled to overcome the $ 44,000 resistance, however Twitter announcement provided much-needed upward momentum.

Bitcoin price hits $ 45,000 and TWTR price rises 3.8% after BTC tipping hits Twitter
Bitcoin price hits $ 45,000 and TWTR price rises 3.8% after BTC tipping hits Twitter

The social network launched the first phase of its Lightning Network tipping feature through the Strike payment gateway for iOS users on Thursday.. Strike confirmed that more interfaces will follow shortly and that more tip partners will be announced in the coming weeks.

“What the Internet did for communication, Bitcoin and the Lightning Network do for money”, summarized CEO Jack Mallers in a blog post.

Twitter immediately saw the benefits, and its shares rose nearly 4% after closing yesterday. In the meantime, A video by Mallers showing how to use the new tip feature received 1.6 million views in just 15 hours.

Now bullish bitcoin traders were even more bullish. For Rekt Capital a continuation of the trend of decline, consolidation and eventual increase was in full swing..

“The daily closing was closed and today there was a decline”, tweeted on Friday showing the expected trajectory of the BTC / USD pair.

â ???? All of this was done to establish the continuation of the trend from that point. Bitcoin has been following the black path well so far.

BTC / USD pair scenario. Source: Rekt Capital / Twitter

Dollar decline strengthens BTC

The macro outlook also gave Bitcoin hopeas stocks spun higher after suffering Evergrande fears.

The SP 500 had its best day since July, and Thursday Bitcoin retained its positive correlation with stocks.

The US dollarwho had used the sale of shares, fell dramatically and the US dollar currency index (DXY) bounced from the 93 support. away.

1-hour candlestick chart of the US dollar currency index. Source: TradingView

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