Bitcoin price, stocks and gold plunge in tandem — What’s next? By Cointelegraph

Bitcoin price, stocks and gold plunge in tandem — What’s


Bitcoin price, stocks and gold plunge in tandem — What’s next?

The price of (BTC), the , and gold all fell simultaneously on Sept. 3. The sentiment around the markets remains cautiously negative after the drop.

Two factors likely triggered the abrupt decline of Bitcoin by over 8% on the day. First, miners sold off unusually large amounts of BTC in a short period. Second, the has started to recover from a key multi-year support area.

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