Twitter has announced a new crypto-friendly feature that allows users to search the price of Bitcoin (BTC) and Ether (ETH) by simply typing their names or tickers into the search tab.
Twitter searches for $Bitcoin, ‘Bitcoin price,’ and so on return the same chart as equivalent searches. Following Elon Musk’s takeover, Twitter has taken several crypto-friendly steps. The company also intends to broaden these measures.
The new feature is an enhancement to “$Cashtags” and was announced on December 21 by the Twitter Business account.
Previously, the cashtags feature only allowed users to click on the words in a hyperlink to see the same results, and it worked just like hashtags on the social media platform.
Now, it also includes market data and other links that will direct users directly to this, as part of the Twitter team’s efforts to improve the platform’s financial performance. The company will include data and information on each Cashtag search, as well as infographics and charts from other websites, to aid in their analysis.
When a user tweets the symbol of a major stock, ETF, or cryptocurrency with a $ in front of it (for example, $BTC), they will see a clickable link that will take them to search results. The pricing graphs will be displayed in the search results. Users can also search for symbols without having to click on a link within a tweet.
According to the Twitter business account, simply searching for the ticker symbol, whether for stock or cryptocurrency, will bring up the price graph.
Shortly after, on December 22, Twitter CEO Elon Musk retweeted the new feature’s announcement, stating that it is “one of many product improvements coming to financial Twitter.”
One of many product improvements coming to financial Twitter!
— Elon Musk (@elonmusk) December 22, 2022
Nice work by Twitter team. https://t.co/CKLH8OtDDW
At the time of writing, it appears that BTC and ETH are the only two cryptocurrencies with price charts. On the other hand, Twitter Business expects to expand its symbol coverage and improve user experience “in the coming weeks.”
