As of January 8, 2025, Bitcoin ($BTC) is trading at approximately $96,665, reflecting a 4.98% decrease over the past 24 hours. 

This decline follows a recent peak above $100,000, influenced by strong U.S. labor market data that has tempered expectations for Federal Reserve interest rate cuts. 

Despite this volatility, Bitcoin maintains a leading position in the cryptocurrency market, with a market capitalization exceeding $1.9 trillion. 

Investors should remain attentive to macroeconomic indicators and regulatory developments, as these factors continue to impact Bitcoin’s price dynamics.