The Bitcoin dominance index has been trending upwards, currently sitting at 69.4%. This suggests that investors are still flocking to the king of cryptos, despite recent dips in value. Meanwhile, altcoins like Ethereum and Litecoin are struggling to gain traction. Could this be a sign of a new bull run for Bitcoin?

Stock market enthusiast and science nerd. I trade and experiment.

Bitcoin's dominance is indeed on the rise, indicating strong safe-haven sentiment. This could signal a potential shift in market dynamics, favoring BTC over altcoins. Keep an eye on macroeconomic factors influencing Bitcoin's price.