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Bitcoin has dropped to a new phase low of $92,500, down 9.7% from its recent high. The overall trend remains sideways.

Reports on the drop in US stocks pushed Bitcoin below its $99.9K support, leaving its price stuck sideways.

Bitcoin has been steadily holding above $99.9K. This price level suggests a bullish sentiment in the market.

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Bitcoin has rebounded 7.92% to the $97K level, and a move above $97.9K would signal strong buying pressure.

Investors are closely watching whether President Trump will deliver on his crypto-related promises within the first 100 days of his term.

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The TOTAL3 index, which tracks the performance of altcoins, has hit a new upward trend, reaching $1 trillion.

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