Are Bears Gaining Control as Bitcoin Drops Below $100K?

Are Bears Gaining Control as Bitcoin Drops Below $100K?
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Bitcoin fell 5.10% to $98,161.25, with a market cap of $1.94 trillion.
Crypto liquidations reached $1.1B, driven by leveraged retail trades.
The crypto market faced significant turmoil as Bitcoin’s price dropped below $95,000 after reaching $100,000. Bitcoin is trading at $98,161.25, marking a notable 5.10% decline in a single day.  Bitcoin’s market cap stands at $1.94 trillion. 
The 24-hour trading volume stands at  $130.86 billion, up 17.68% from the previous day. The crypto market’s overall market cap now totals $3.57 trillion, down 2.69% in the last 24 hours. Bitcoin’s dominance has decreased by 1.53%, settling at 53.91%.
Spot Bitcoin ETFs reported a sixth consecutive day of net inflows, with December 5 witnessing $767 million in total inflows. BlackRock’s IBIT ETF led with $2.5 billion in five-day inflows and a single-day record of $771 million. These institutional inflows highlight sustained confidence in Bitcoin despite short-term volatility.
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