The bullish optimism of the entire cryptocurrency market on September 23 is rising as prices continue to recover from this week’s volatility. This is the result of regulatory pressures facing the crypto industry and the Federal Open Market Committee’s meeting on Fed rate hikes and monetary policy. And the worry that the situation of Evergrande will affect the global financial market.
Data from Cointelegraph Markets Pro with Transaction view It shows that the price of Bitcoin (Bitcoin) Soared above US$44,800 in the early afternoon, and now the goal is to turn the resistance of US$45,000 into support.
The timing of the BTC price surge and Twitter’s announcement that users are now able to Remind other users of cryptocurrencies such as Bitcoin Thanks to the integration with Strike, Strike is a payment application built on the Lightning Network, which enables low-cost Bitcoin transactions.
Burst: Twitter is launching the Bitcoin Lightning Network tipping feature on iOS.
-Pump (@APompliano) September 23, 2021
This development is because the momentum of the entire cryptocurrency ecosystem has followed the top altcoin Ethereum (Ethereum) Back to more than $3,100.The data also shows that the balance of Ether in the reserves of major cryptocurrency exchanges Hit a record low.
Altcoins rebounded across the board
With Terra (LUNA), Avalanche (AVAX) and Cosmos (atom) Due to lower transaction costs and faster processing time, gains in price and attract new users.
Celer (CELR) became the stock with the largest 24-hour gain after its price surged 52% to an all-time high of US$0.14, while Celo (CELO) rose 24% and traded at US$7.80.
Other notable performances include COTI’s rise of 23%, Tezos (XTZ)’s rise of 21%, and Origin Trail (TRAC)’s rise of 20%.
The overall cryptocurrency market value is now $1.999 trillion, and Bitcoin’s dominance rate is 42%.
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