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Bitcoin dips below $67K as Tesla stock slump combines with Apple CEO denying crypto plans
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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.
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