News that Apple had pulled the Blockchain.info app from its App Store broke in the early hours of this morning (UK-time) and the short-term effect seemed to be a dip in the price of bitcoin.
At midnight (GMT), the price was $822. Some 15 minutes later, Blockchain tweeted its response to Apple’s decision and, over the course of the next hour, the bitcoin price fell to $793. By 08:30, the price had fallen to $783.04, the lowest it has been since 2nd January.
At the time of writing, the price is back up to $802, but this is still 8% lower than yesterday’s high of $874.
February 06, 2014 at 06:43PM