BTC Dominance Dips as ETH Moves

Written By Guest User
BTC market dominance daily candle chart, approximately 2:40 pm approximately 11/3/21.

BTC market dominance daily candle chart, approximately 2:40 pm approximately 11/3/21.

BTC dominance continues to dip with coinmarketcap.com stating that BTC dominance is now below 43% at 42.9% and ETH dominance increasing to 19.8%. This often occurs as money enters ETH and altcoins after leaving BTC, so it's not necessarily uncommon.

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With Ethereum testing new all-time highs, while the MFI and momentum remain fairly steady, we may continue to see this type of movement from Ethereum, at least for a little while.

Guest User
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