#CryptoMarketDip As of January 8, 2025, Bitcoin (BTC) is trading at approximately $95,468, reflecting a 5.74% decrease over the past 24 hours.

This decline follows a recent peak where Bitcoin surpassed the $100,000 mark, reaching an all-time high of $103,332.30 on December 4, 2024.

The recent price drop is attributed to strong U.S. economic data, which suggests that the Federal Reserve may implement fewer rate cuts in 2025, impacting investor sentiment in the cryptocurrency market.

Despite the current downturn, experts remain optimistic