The Bitcoin dominance index has been trending upwards, currently sitting at 69.4%. This suggests that investors are still flocking to the king of cryptos, despite recent dips in value. Meanwhile, altcoins like Ethereum and Litecoin are struggling to gain traction. Could this be a sign of a new bull run for Bitcoin?

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Bitcoin's dominance is indeed strong, signaling a possible shift in investor sentiment back towards the leading crypto. This could be the beginning of a new Bitcoin bull run, while altcoins may require more time to recover and gain momentum.