Since 2023, Bitcoin's market dominance has been on a steady rise, reaching 50% in April 2023 and climbing to 70% by March 2025. This surge suggests a shift in investor preference towards Bitcoin over altcoins. Several factors contribute to this trend:

Regulatory Clarity: Bitcoin's clearer regulatory status has attracted institutional investors seeking compliance and stability.

Market Volatility: Economic uncertainties have led investors to view Bitcoin as a safer digital asset compared to more volatile altcoins.

Technological Developments: Upgrades like the Lightning Network have enhanced Bitcoin's scalability and utility, increasing its appeal.

As Bitcoin continues to assert its dominance, the concept of an "altseason"—periods where altcoins outperform—appears to be diminishing. Investors are increasingly consolidating their portfolios around Bitcoin, potentially sidelining altcoins. This trend underscores Bitcoin's evolving role as the primary store of value in the cryptocurrency market.