ChainThink news, March 6: According to market data, the crypto market remained volatile and downward overnight. Bitcoin is currently trading at $70,900, down 1.95% in the last 24 hours. Ethereum is currently trading at $2,073, down 1.98% in the last 24 hours. The total crypto market cap declined 1.7% in the last 24 hours, currently at $2.487 trillion. The top-performing altcoins by price change are:
SAHARA is down 10.72% over the past 24 hours, currently trading at $0.26;
GIGGLE is down 10.7% over the past 24 hours, currently trading at $28.56;
COOKIE is down 9.8% over the past 24 hours, currently trading at $0.02;
FIO is down 9.3% in the last 24 hours, currently trading at $0.0087;
BARD is up 52.5% in the last 24 hours, currently trading at $1.66;
KITE is up 21.2% in the last 24 hours, currently trading at $0.273;
HUMA is up 18.7% in the last 24 hours, trading at $0.016;
ORCA is up 1.4% in the last 24 hours, currently trading at $1.04.
In U.S. equities, the three major indices closed lower: the Dow fell 1.6%, the S&P 500 dropped 0.57%, and the Nasdaq declined 0.2%. Cryptocurrency-related stocks generally declined, including:
Strategy (MSTR) fell 4.53%;
Coinbase (COIN) fell 1.54%;
Circle (CRCL) up 0.4%;
MARA Holdings (MARA) fell 5.6%;
Riot Platforms (RIOT) fell 5.3%;
BitMine Immersion (BMNR) fell 3.5%;
SharpLink Gaming (SBET) fell 2.46%.
According to PolyBeats, there is a 47% probability that Bitcoin will first drop to $60,000 and a 53% probability it will first rise to $80,000.