Bitcoin (BTC) fell $1,400 in half an 60 minutes during Nov. 9 subsequently a snap sell-off hit Tesla (TSLA) stock.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

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 earlier bouncing to linger at around $67,000 at the time of writing, still up $1,000 on the mean solar day.

Later on hitting all-fourth dimension highs of $i,245 on Nov. 5, Tesla saw turbulence afterward it emerged that CEO Elon Musk would sell 10% of his holdings, worth effectually $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 dissimilarity, BTC fell past around ii%.

$TSLA ane-hour candle chart. Source: TradingView

Melt: No plans for Apple to accept crypto

The move appeared to overshadow news that Apple CEO Tim Book owns cryptocurrency. In an interview, Cook nonetheless tempered any optimism over possible corporate crypto acceptance or purchases, saying that there were no plans as withal to do so.

Related: Coinbase regains #1 position on Apple tree App Store every bit Crypto​.com jumps to third

"I do. I think it's reasonable to own information technology as role of a diversified portfolio," he said at the DealBook briefing, according to CNBC.

Every bit Cointelegraph reported, Musk remains much more than easily-on when information technology comes to Bitcoin and selected altcoins, with Tesla retaining its $ane.5 billion BTC allocation from earlier this year.

"If Apple were to add support for Bitcoin to the iPhone and catechumen their treasury to a Bitcoin standard, information technology would be worth at least a trillion dollars to their shareholders," MicroStrategy CEO Michael Saylor responded.