A close relationship with TSLA sees Bitcoin react to a 12% stock slump, while Apple adds to the sense of anticlimax despite recent BTC all-time highs.Bitcoin (BTC) fell $1,400 in half an hour during Nov. 9 after a snap sell-off hit Tesla (TSLA) stock.Tesla falls 12%, Bitcoin 2%
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 on Nov. 5, Tesla saw turbulence after it emerged that CEO Elon Musk would sell 10% of his holdings, worth around $23 billion at the time.
Nov. 9 saw a significant acceleration of the negative mood as TSLA lost up to 12% in minutes before recovering. By contrast, BTC fell by around 2%.
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