Bitcoin (BTC) fell $ 1,400 in half an hour on November 9 after a quick sell-off hit Tesla stock ($ TSLA).
Data from Cointelegraph Markets Pro and TradingView show BTC / USD will be open shortly after Wall St.
The pair hit $ 66,650 before rebounding and hovering around $ 67,000 at press time, still up $ 1,000 that day.
After Tesla hit an all-time high of $ 1,245 on Friday, Tesla experienced volatility after it was revealed that its CEO Elon Musk would sell its 10% stake, which was then worth around $ 23 billion.
Negative sentiment increased significantly on Tuesday as TSLA lost up to 12% in minutes before recovering. In contrast, BTC is only down about 2%.
The move seems to overshadow the news that Apple CEO Tim Book owns cryptocurrency. Nonetheless, in an interview, Cook expressed optimism about the company’s ability to accept or buy cryptocurrencies and stated that it was not planned to do so yet.
Related: Coinbase wins back # 1 on the Apple App Store while Crypto.com jumps to third place
“I do. I think it makes sense to own it as part of a diversified portfolio,” he said at the DealBook conference, as quoted by CNBC.
As Cointelegraph reported, Musk is still much more aggressive when it comes to Bitcoin and select altcoins, with Tesla maintaining the same BTC allocation of $ 1.5 billion as it was earlier this year.
“If Apple adds support for Bitcoin to the iPhone and converts its cash register to Bitcoin Standard, it would be worth at least a trillion dollars to its shareholders,” said MicroStrategy CEO Michael Saylor at the time answered after Koch.
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