Bitcoin's price fell to a low of $96,821 on February 2nd, driven by hawkish macroeconomic signals as the US-Canada trade war unfolds. This drop marks a 14-day low for the cryptocurrency.
Nonetheless, key on-chain indicators are providing hope for investors, suggesting an early price rebound may be on the horizon as the month progresses. The ongoing trade tensions continue to stir jitters in the crypto markets, affecting BTC's performance.