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BTC, DOT, LUNA, AVAX, EGLD -Breaking

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© Reuters.

Bitcoin’s (BTCThe dominance of cryptocurrencies has fallen from around 48% Oct. 20, to 42.3% Nov. 7, while total cryptocurrency market capitalization has been on a steady upward trajectory. This is a sign that prices have shifted to altcoins.

CryptoQuant CEO Ki Young Ju stated that The Bitcoin Whales are SellingBut this has not led to the loss of support for $60,000. He noted that Bitcoin reserves have decreased across all exchanges, which indicates strong buyers’ appetite.

View daily crypto market data. Source: Coin360