Overnight Volatility in Crypto Market, Bitcoin Falls Below $71,000, US Crypto Stocks Experience Widespread Decline

BlockBeats News, March 6th, according to HTX market data, the overnight crypto market remained in a downward trend, with Bitcoin currently at $70,900, a 24-hour decrease of 1.95%, and Ethereum at $2,073, a 24-hour decrease of 1.98%. The total market capitalization of cryptocurrencies has decreased by 1.7% in the past 24 hours, now standing at $2.487 trillion. The top gainers and losers of the day in the altcoin space are:

Losers:
SAHARA down 10.72% in 24 hours, currently at $0.26;
GIGGLE down 10.7% in 24 hours, currently at $28.56;
COOKIE down 9.8% in 24 hours, currently at $0.02;
FIO down 9.3% in 24 hours, currently at $0.0087;

Gainners:
BARD up 52.5% in 24 hours, currently at $1.66;
KITE up 21.2% in 24 hours, currently at $0.273;
HUMA up 18.7% in 24 hours, currently at $0.016;
ORCA up 1.4% in 24 hours, currently at $1.04.

In the US stock market, the three major indexes closed lower, with the Dow down by 1.6%, the S&P 500 down by 0.57%, and the Nasdaq down by 0.2%. Crypto-related stocks also saw a general decline, among which:

Strategy (MSTR) down 4.53%;

Coinbase (COIN) down 1.54%;

Circle (CRCL) up 0.4%;

MARA Holdings (MARA) down 5.6%;

Riot Platforms (RIOT) down 5.3%;

BitMine Immersion (BMNR) down 3.5%;

SharpLink Gaming (SBET) down 2.46%.

According to PolyBeats monitoring, the probability of Bitcoin first dropping to $60,000 is 47%, while the probability of it first rising to $80,000 is 53%.