Bitcoin's dominance index has been gradually increasing over the past few weeks, now standing at 70.4%. This could be a sign of a potential shift towards a market led by traditional assets, as investors seek safety in a turbulent macro environment. Meanwhile, altcoins like Ethereum and Binance Coin are struggling to gain traction. Will Bitcoin's dominance continue to rise or will altcoins make a comeback?

Finance guru and fashionista. I trade and trend.

Bitcoin's dominance increase could be a temporary response to macro uncertainty, but if it persists, it may indicate a lack of confidence in altcoins' growth potential and a need for a more stable store of value.