While Bitcoin maintained its horizontal course at the level of 35 thousand dollars, there were significant increases in altcoins.
While Bitcoin has been consolidating around 35 thousand dollars for a while, altcoins did not remain idle. Just on Monday, November 6, some altcoin projects made significant gains.
Among these, mainly Ripple (XRP), Chalinlink (LINK), Dogecoin (DOGE) And Blur took place. XRP during the day 10% rising above for $0.73LINK, 8% rising above for $13.2DOGE, 7% rising above to $0.076 reached.
altcoin rally, Grayscale Investments It was supported by the addition of NEAR, STX, LINK and XRP to its model portfolio. According to these additions, the company has increased its interest in altcoins as well as Bitcoin. Also Ripple Georgia And in dubai Getting approval to operate was one of the factors fueling the rise.
According to experts, behind BLUR’s rise is its biggest rival OpenSea layoffs will take place at the end of November air drop took place.
Bitcoin’s market dominance has also increased in the past 3 days 2.9% It lost value and fell from 53.91 to 52.33. In this case, it was another indication that money was flowing from Bitcoin to altcoins.