Twitter shares surged 3.8% on Bitcoin news
The biggest cryptocurrency has struggled to overcome the $44,000 resistance, but Twitter’s announcement provided some much-needed bullish momentum.
The social network launched the first phase of the Lightning Network tipping feature for iOS users through the payment gateway Strike on Thursday. Other interfaces will follow up soon, and Strike confirmed that other tipping partners are in preparation and will be announced in the next few weeks.
“What the Internet does for communications, Bitcoin and Lightning Network are for money,” CEO Jack Marles concluded in an accompanying report. Blog post.
Twitter immediately felt the benefit, and its stock price rose nearly 4% after the close yesterday. A video from Mallers showed him using the new tipping feature and attracted 1.6 million views in just 15 hours.
I just released an announcement Strike API
Nowadays, @Twitter By integrating the Strike API, it provides its users with free, instant, and global payments.
— Jack Mallers (@jackmallers) September 23, 2021
Now, Bitcoin traders who are already bullish are more optimistic. For Rekt Capital, the trend including decline, consolidation, and finally exit from the upward trend continues smoothly.
“Just rest every day, today there really is a fall,” he Tweet On Friday, the predicted BTC/USD trajectory was shown.
“All this is to establish the continuation of the trend from this point. So far, Bitcoin has been on the black road.”
Falling U.S. Dollar Boosts BTC
The macro picture also provides hope for Bitcoin. After suffering from Evergrande’s concerns, the stock reversed upward.
The S&P 500 index hit its best day since July on Thursday, with Bitcoin and stocks maintaining a positive correlation.
Dollars, once capital Affected by the stock market sell-off, the US dollar index (DXY) rebounded from the support level of 93.