Bitcoin Bearish Amid Rumors of a $2.5 Billion Apple Purchase
There has been a frenzy across social media spaces over a spreading rumor of an Apple Bitcoin (BTC) purchase. This rumor carries that the tech giant would announce that it got back into the Bitcoin market with a recent $2.5 billion BTC purchase. One of the biggest proponents of this narrative is the business supplies and equipment company Galaxy Trading.
Meanwhile, CEO of ChainLeak Joshua Roomsburg commented on the potential rumor, noting that he will buy the new iPhone to memorialize the undertaking by Apple. He tweeted that:
“I won’t use it, I’ll just keep it as a souvenir for when #BTC started its climb to $100k. Imagine what alts will do!”
While many members took the new possibility as an exciting development, some are skeptical about it, highlighting Apple’s history with the…
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