BTC market cap falls below $1T

According to CoinNess market monitoring, Bitcoin has remained in a short-term bearish trend and its market cap has dropped below $1 trillion. As per data from CoinMarketCap, Bitcoin's market cap currently stands at approximately $98.95 billion, with a price of around $50,172.06. Over the past 24 hours, it has declined by 17.59%, and over the past week, it has decreased by 27.95%.