Bitcoin Price Plummets to $96K
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Bitcoin Price DroppingCoinGape
•Business
Business & Economics
Bitcoin Long-term Investors Betting on Early Rebound as US vs. Canada Trade War Drops BTC to $96K

73% Informative
Bitcoin price plunged to a 14-day low of $ 96,821 on Sunday, Feb. 2 , as markets reacted to a newly sparked US -Canada trade war.
The 3.3% daily dip erased over $600 million from Bitcoin 's market cap, as crypto investors assessed macroeconomic risks.
On-chain data suggests long-term holders are showing resilience, signaling potential for early rebound.
Holding above key level and reclaiming $ 101 K could reinforce bullish confidence, potentially setting up a retest of the $ 105 K psychological barrier.
Bitcoin long-term investors Betting on early rebound as US vs. Canada Trade War drops BTC to $ 96K.
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