Bitcoin (BTC) hit a four-day high of $ 45,000 on September 24th when news came to the mining market that Twitter had allowed a BTC cap.
Data from Cointelegraph Markets Pro and TradingView show that BTC / USD hits $ 45,180 on Bitstamp.
The largest cryptocurrency struggled to break the resistance at $ 44,000, but the announcement on Twitter provided a much-needed upward momentum.
The social network launched the first phase of its limited Lightning Network functionality through the Strike payment gateway for iOS users on Thursday. More skins will follow shortly, confirmed Strike, with other tipping partners in development and expected to be announced in the coming weeks.
“What the Internet has done for communication, Bitcoin and the Lightning Network do for money,” CEO Jack Mallers summarizes in an accompanying blog post.
Twitter felt gains immediately, its shares rising nearly 4% after close of trading yesterday. A video by Mallers showing how he uses the new restricted feature while getting 1.6 million views in just 15 hours.
I just posted the Strike API notice
Today, @Twitter Enable your users to make free, instant, global payments with the Strike API integration.
What has the internet done to communicate #Bitcoin + Lightning Network makes money. https://t.co/jHkY6knXkP pic.twitter.com/FXujknG7sM
– Jack Mallers (@jackmalers) September 23, 2021
Now the already optimistic Bitcoin traders are even more optimistic. For Rekt Capital, the trend continuation with downward movement, consolidation and ultimately the breakout of an upward trend is on the right track.
grandfather tweeted Friday, displaying the BTC / USD forecast trajectory.
“This is all done to establish the trend that will continue from that point on. Bitcoin has been on a dark path so far. “
The macro picture also offers hope for Bitcoin as stocks turn back up after the Evergrande scare.
Related: Too “Big” To Fail – Bitcoin Price Hits $ 44,000 As China Plans Evergrande Blast
The S&P 500 had its best day since Thursday, July, and Bitcoin maintains a positive correlation with stocks.
The US dollar, which benefited from the sell-off in stocks, fell sharply, with the US dollar currency index (DXY) bouncing off support at 93.
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