By putting “Bitcoin” or “Ethereum” into the search field, Twitter users can now easily check the price of Bitcoin (BTC) and Ether (ETH) on the social media platform.
The new function wasn’t made public by the Elon Musk-run social media company. But one of the first to draw attention to the update was the Documenting Bitcoin account, which on December 21 tweeted a screenshot of the new price index feature to its 853,700 followers.
Twitter now shows the #bitcoin price! pic.twitter.com/GWg6i3Ibkb
— Documenting Bitcoin đź“„ (@DocumentingBTC) December 21, 2022
Ether’s price is visible when searching for crypto token names on Twitter, but it seems that BTC and ETH are the only two price charts that appear in the search bar. Other well-known cryptocurrencies, such as Musk’s favorite Dogecoin (DOGE), have not yet been included.
The lower left-hand corner of the price charts also contains a link that says “View on Robinhood,” indicating that the retail trading platform and Twitter have collaborated on this integration.
Users are then taken to the ETH price chart on Robinhood, which includes a link that reads “Sign Up to Buy Ethereum” below it. For Bitcoin, the same links are offered as well.
However, no specifics of the cooperation between Twitter and Robinhood have been made public.
Given that #Bitcoin is tweeted approximately 120,000 times each day, according to statistics from BitInfoCharts, it is arguable that Twitter’s price chart integration will increase traffic to Robinhood.
If alternative tweet tags like Bitcoin, $Bitcoin, BTC, and $BTC were added, the number would probably be much higher.
On the other side, #Ethereum stutters at a price around 25,000.
Around a week after Musk gave a preview of “Twitter 2.0” on November 27, which included the potential integration of cryptocurrency-based payments on Twitter, rumors started to circulate on December 4 that Twitter may create its own native cryptocurrency “Twitter Coin” to be used for payments on the platform.
However, Musk’s future at Twitter appears to be in limbo after the controversial figure asked Twitter on December 19 if he should “drop down as-CEO Twitter?” and 57.5 of the 17,502,391 respondents responded “Yes.”
