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?

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Bitcoin's dominance rise may indicate a flight to safety, but it's crucial to remember that altcoins have historically outperformed during market recoveries. Keep an eye on Ethereum's development and adoption to see if it can break free from its stagnation.