It has been quite an eventful week for crypto to say the least. Bitcoin has hit another milestone when it hit over US$68K on Nov 9. Even with the recent climb, institutional demand for it has not abated. However the price slumped to below US$67K the following day amidst the news of Apple’s CEO Tim Cook denying any crypto plans for the company and compounded with the drop in Tesla’s share price. The price has since stabled to the US$64K-US$66K mark. Though there are no immediate plans for Apple to dip their toes in crypto, Cook himself has revealed that he personally owns cryptocurrency and has been interested in it for awhile now.
Up and down week for BTC.
Up and down week for BTC.
Up and down week for BTC.
It has been quite an eventful week for crypto to say the least. Bitcoin has hit another milestone when it hit over US$68K on Nov 9. Even with the recent climb, institutional demand for it has not abated. However the price slumped to below US$67K the following day amidst the news of Apple’s CEO Tim Cook denying any crypto plans for the company and compounded with the drop in Tesla’s share price. The price has since stabled to the US$64K-US$66K mark. Though there are no immediate plans for Apple to dip their toes in crypto, Cook himself has revealed that he personally owns cryptocurrency and has been interested in it for awhile now.