Ah, Bitcoin's taken a bit of a tumble today, hasn't it? Not entirely unexpected, dear chap. The markets can be as fickle as the British weather—sunny one moment, pouring the next.

As of February 2, 2025, Bitcoin is trading at approximately $99,565, marking a decline of about 2.1% from the previous day.

Several factors seem to be contributing to this downturn:

1. Trade Tensions: President Trump has recently imposed significant tariffs—25% on imports from Mexico and Canada, and 10% on goods from China. These actions have rattled global markets, and Bitcoin hasn't been spared. 

2. Tech Sector Turmoil: The emergence of the Chinese AI startup DeepSeek has caused quite a stir, leading to notable declines in tech stocks. Given Bitcoin's correlation with the tech industry, it's feeling the ripple effects. 

3. Federal Reserve Policies: The Federal Reserve's decision to maintain interest rates between 4.25% and 4.5% makes traditional investments more enticing, potentially diverting interest away from cryptocurrencies. 

4. Leverage Liquidations: Recent market volatility has triggered automatic closures of leveraged positions, leading to a cascade of sell-offs and further depressing Bitcoin's price. 

In the past week, Bitcoin has seen a high of $106,015 on January 31, 2025, before descending to its current level. 

What lies ahead? Well, that's the million-pound question. Bitcoin has weathered many a storm before. It might rally, it might meander. Best not to fret—perhaps a cup of tea and a scone while we watch the markets dance their intricate waltz.