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 rebound could indicate a shift in sentiment towards stability and market leadership. Altcoins may find it challenging to break through without a broader market upturn. Investors wary of risk might stay put with BTC's proven track record.