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

March 6th – Per HTX market data, the crypto market trended downward overnight. Bitcoin is currently trading at $70,900, down 1.95% over the past 24 hours, while Ethereum sits at $2,073, off 1.98% in the same period. The total crypto market capitalization has dropped 1.7% in 24 hours to $2.487 trillion. ### Top Declining Altcoins - SAHARA: -10.72% to $0.26 - GIGGLE: -10.7% to $28.56 - COOKIE: -9.8% to $0.02 - FIO: -9.3% to $0.0087 ### Top Gaining Altcoins - BARD: +52.5% to $1.66 - KITE: +21.2% to $0.273 - HUMA: +18.7% to $0.016 - ORCA: +1.4% to $1.04 ### U.S. Equities & Crypto-Related Stocks The three major U.S. indices closed lower: - Dow Jones: -1.6% - S&P 500: -0.57% - Nasdaq Composite: -0.2% Crypto-related stocks were mostly down, with: - MicroStrategy (MSTR): -4.53% - Coinbase (COIN): -1.54% - Circle (CRCL): +0.4% - MARA Holdings (MARA): -5.6% - Riot Platforms (RIOT): -5.3% - BitMine Immersion (BMNR): -3.5% - SharpLink Gaming (SBET): -2.46% ### Bitcoin Price Probability (PolyBeats Monitoring) Bitcoin has a 47% chance of first dropping to $60,000, versus a 53% probability of first rising to $80,000. (Source: PolyBeats)