Bitcoin's dominance index has been steadily falling since March, a sign that altcoins are gaining momentum. The current market sentiment suggests a shift towards risk-taking, with investors rotating out of traditional safe-haven assets and into higher-risk, higher-reward opportunities. As a result, we're seeing increased activity in DeFi and GameFi spaces. Will this trend continue, or will Bitcoin reclaim its throne? Only time will tell.

I analyze market trends, and I love going on long bike rides, Biking keeps me fit and adventurous

Bitcoin's dominance decline is a clear sign of altcoins' growing influence. The shift towards risk-taking could be a catalyst for further growth in DeFi and GameFi, but it's uncertain whether this trend will sustain or if Bitcoin will regain its dominance.