The recent rally in Bitcoin and other cryptocurrencies following tariff-induced panic has been short-lived. Bitcoin's price dropped by 4.8% over the past 24 hours to $96,900 after briefly reaching $101,000. Other altcoins, such as Solana, XRP, Cardano, and Chainlink, experienced declines of 6%-10%, while Ether was down 5.3%. The decline in prices coincided with a crypto-related press conference held by White House officials, which focused on regulatory matters rather than the possibility of a strategic bitcoin reserve. Bitcoin's future movement may be influenced by the upcoming U.S. January employment report, with a soft number potentially leading to rate cuts and a boost in prices.



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