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Home News Overnight Volatility in Crypto Market, Bitcoin Falls Below $71,000, US Stock Crypto-Related Stocks Experience Widespread Decline

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

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

BlockBeats News, March 6th, according to HTX market data, the cryptocurrency market maintained a downward trend overnight, 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 cryptocurrency market cap has decreased by 1.7% in the past 24 hours, now at $2.487 trillion. Here are the top gainers and losers among altcoins:

SAHARA down 10.72% in the last 24 hours, currently at $0.26;

GIGGLE down 10.7% in the last 24 hours, currently at $28.56;

COOKIE down 9.8% in the last 24 hours, currently at $0.02;

FIO down 9.3% in the last 24 hours, currently at $0.0087;

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

In the US stock market, the three major indices closed lower, with the Dow down 1.6%, the S&P 500 down 0.57%, and the Nasdaq down 0.2%. Cryptocurrency-related stocks also fell, including:

MicroStrategy (MSTR) down 4.53%;

Coinbase (COIN) down 1.54%;

Circle (CRCL) up 0.4%;

MARA Holdings (MARA) down 5.6%;

Riot Blockchain (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%, and the probability of it first rising to $80,000 is 53%.

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