Bitcoin in freefall hitting lowest price since Trump took office as leverage turns a macro wobble into a brutal cascade

Bitcoin fell around 8% on Feb. 3, briefly losing the $73,000 level.

A quick rebound took prices to $74,500 as of press time, dampening the intraday correction to 5.8%. The decline marks the lowest price point in the President Donald Trump administration and the weakest level since the November 2024 Presidential Election.

The selloff pushed Bitcoin as low as its March 2024 all-time high of $73,500, a level that held through the early stages of the decline but ultimately gave way under sustained selling…