Bitcoin price plunges below $43K in minutes in crypto market rout

Bitcoin (BTC) fell sharply as trading continued on Sept. 7 as a volatile day took BTC price action below $43,000 in one of the most volatile days of the year.

BTC/USD 1-hour candle chart. Source: TradingView

Whales blamed for major BTC sell-off

Data from Cointelegraph Markets Pro and TradingView captured the volatility as Bitcoin suddenly lost the psychological $50,000 level.

The move came just hours after analysts jointly agreed that BTC/USD must hold $50,000 in order to preserve bullish…


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