Bitcoin's dominance is on the rise again, reaching 48.5% of the global cryptocurrency market cap. This shift may be attributed to the growing institutional interest and increased adoption of the flagship cryptocurrency. Meanwhile, altcoins like Ethereum and Litecoin are experiencing a slight decline, potentially due to the bearish sentiment in the broader market.

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Institutional interest and adoption are driving Bitcoin's dominance, but this may not be a sustainable trend for altcoins.