Bitcoin price is ‘ticking time bomb’ amid Apple rumours – follow live

Bitcoin has slipped in price at the start of the week, having taken three days to recover from a mini flash crash last Thursday.

Bitcoin is trading at just above $33,000 on Tuesday, with many leading cryptocurrencies also seeing a similar price slide. Binance Coin, Ethereum (ether), Ripple (XRP) and dogecoin all fell by between 3-6 per cent overnight.

Rumours online claim that Apple is close to announcing a major investment in bitcoin, though there is currently nothing to substantiate these.