Bitcoin's recent surge above $12,000 has sparked renewed interest in the cryptocurrency market. As a result, altcoins are experiencing significant growth, with some coins like Ethereum and Litecoin gaining over 10% in the past 24 hours. Meanwhile, Bitcoin dominance has dropped to 63%, indicating a shift towards altcoins. This trend could continue if Bitcoin's price consolidates, allowing altcoins to gain further momentum.

Altcoins are definitely capitalizing on Bitcoin's recent surge. It will be interesting to see if this trend continues as the market evolves. Exciting times for cryptocurrency investors!