Today news
About the same in other media
Bitcoin dips below $67K as Tesla stock slump combines with Apple CEO denying crypto plans
Reading now: 715
Bitcoin (BTC) fell $1,400 in half an hour during Nov. 9 after a snap sell-off hit Tesla ($TSLA) stock.
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD fall in line with TSLA shortly after the Wall St. open.
The pair hit $66,650 before bouncing to linger at around $67,000 at the time of writing, still up $1,000 on the day.
After hitting all-time highs of $1,245 Friday, Tesla saw turbulence after it emerged that CEO, Elon Musk, would sell 10% of his holdings worth around $23 billion at the time.
Tuesday saw a significant acceleration of the negative mood as TSLA lost up to 12% in minutes before recovering. By contrast, BTC only fell by around 2%.
The move appeared to overshadow news that Apple CEO Tim Book owns cryptocurrency.
Read more on cointelegraph.comAbout this in other media
Binance CEO counters Elon Musk for bringing up Dogecoin issues cointelegraph.com /2 years ago
Tech this week: Teen arrested over €32 million crypto heist and Elon Musk continues Tesla stock sale euronews.com /2 years ago
Watchdog investigates tube adverts for Floki Inu cryptocurrency theguardian.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
