USD pair breached the $24,000 mark - reaching its highest level since June 13 after registering an impressive 15% gain before finally consolidating near $23,000. The upward rally of the largest crypto by capitalization was halted in its tracks after media outlets reported that Tesla sold nearly 75% of its BTC holdings (worth around $936 million). Following the news, BTC's price dropped nearly 2.6% on Wednesday.